SEC Releases Reports on Exchange-Traded Funds
February 6, 2026
The SEC has released the following two reports on exchange-traded funds (ETFs):
- The Fast-Growing Market of Active ETFs — “[E]xamines the general characteristics of active ETFs.”
- When Funds Merge: What Happens to Fees? Evidence From Acquiring Mutual Funds and ETFs — “[E]xplores how mergers of mutual funds and ETFs are associated with changes to the fees paid by investors in funds that acquired another fund through a merger (acquiring funds), specifically expense ratios, management fees, and Rule 12b-1 fees.”
The purpose of the reports is to “provide the public with information about the growth in
active ETFs and the changes in fees paid by investors when mutual funds and ETFs acquire
other funds.”
For more information, see the press release on the SEC’s Web site.