The tweet was deleted by the author.
But we saved everything 🙂.
Dimensional Fund Advisors has become the first to receive the SEC’s approval to offer ETF and mutual fund share classes.
Bob Pisani emphasizes the importance of this approval as a significant step forward for the company. However, he notes that custodial platforms still need to adapt their systems to facilitate these transactions, which may take additional time.
This development is expected to set a precedent for other firms looking to offer complex financial products under regulatory scrutiny.