In April 2020, the SEC approved new rules for ETF listings on Nasdaq, Cboe, and NYSE Arca, allowing all eligible ETFs to list automatically under Rule 6c-11, which eliminates the need for individual exemptive orders. The new rules standardize ETF regulation and remove barriers to entry, facilitating the listing and trading of index-based and actively managed ETFs. ETFs must meet specific requirements, including maintaining a minimum number of shares and beneficial holders. The rules aim to streamline ETF regulation and reduce the time and cost of offering new ETFs.

In April 2020, the SEC approved new rules for ETF listings on Nasdaq, Cboe, and NYSE Arca, allowing all eligible ETFs to list automatically under Rule 6c-11, which eliminates the need for individual exemptive orders. The new rules standardize ETF regulation and remove barriers to entry, facilitating the listing and trading of index-based and actively managed ETFs. ETFs must meet specific requirements, including maintaining a minimum number of shares and beneficial holders. The rules aim to streamline ETF regulation and reduce the time and cost of offering new ETFs.