Private Credit ETF From State Street, Apollo Raises SEC Concern
The US Securities and Exchange Commission expressed concerns over a much-anticipated private credit exchange-traded fund from Wall Street giants State Street Corp. and Apollo Global Management Inc., asking the firms for more information in a letter Thursday.
But in a letter to State Street after the fund launched, SEC associate director Brent J. Fields expresses concern about the ...
State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), announced today the ...
Wall Street is still awaiting regulatory approval for the first full-blown private-asset ETFs, but for now opportunistic ...
The letter came after the ETF officially launched on Feb. 27, debuting on the New York Stock Exchange under the ticker “PRIV.
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