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Exchanging Exchanges at Exchange

Trillions

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Implications of Vanguard Patent Expiration on ETF Share Classes and Regulatory Hurdles

Exploring the implications of the Vanguard patent expiry on mutual funds and the introduction of ETF share classes, including regulatory challenges with major asset managers like Fidelity DFA and Morgan Stanley. The chapter delves into creating ETF share classes and highlights the significance of innovation in the industry.

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