Will Legg Mason Jumpstart Actively-Managed ETFs?

Legg Mason appears ready to make its long anticipated move into the active ETF space. The Baltimore-based asset management firm filed for approval with the SEC that would allow it to introduce actively-managed ETFs to U.S. markets. Filing for exemptive relief is one of the first steps on the road to launching ETFs, and requires [...] Related Stories: Grail Plans Actively Managed Bond ETFs Grail Advisors To Launch Four Actively-Managed ETFs T. Rowe Price Plans Actively-Managed ETFs