Question: When an ETF manager decides to launch a new fund, it requires a partnership with a designated dealer. What is the role of a designated
When an ETF manager decides to launch a new fund, it requires a partnership with a "designated dealer". What is the role of a "designated dealer"?
To prepare the required prospectus for the new ETF fundTo acquire securities in the open market as directed and needed by the ETF managerTo find potential investors who are willing to invest in the new ETFTo handle all questions from investors about the performance of the new ETF fund
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
