December 28, 2009 at 09:57 AM EST
Goldman Sachs Looks To Enter ETF Industry
Goldman Sachs has filed for approval with the Securities and Exchange Commission to launch a line of exchange-traded funds, seeking to become the latest financial giant to into the industry. According to the 40-APP filing, Goldman’s initial fund will “offer an extensive representation of the Brazilian, Indian, Chinese and Korean markets by targeting all companies [...] Related Stories: Summer Slowdown? Not In The ETF Industry Future Of The ETF Industry: Part II ETF Securities Plans Industry Shakeup
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