Active Stock ETFs Move Closer to Market After Long Delay at SEC

Companies seeking to push exchange-traded funds into the almost $6 trillion U.S. market for actively managed stock funds are starting to gain traction with regulators after a long delay.

Guggenheim Partners LLC, Eaton Vance Corp. and Precidian Investments have received formal comments in the past two months from the Securities and Exchange Commission staff on plans for new types of actively managed ETFs, industry lawyers and executives said. Similar proposals, some as old as five years, have been on hold at the SEC.