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  • 2 months ago | morningstar.com | Brian Moriarty |Eric Jacobson

    The SPDR SSGA Apollo IG Public & Private Credit ETF PRIV is off to a bumpy start. The SEC responded to State Street Global Advisors’ seismic private-credit exchange-traded fund rollout with a strongly worded letter on Feb. 27, 2025. That letter came as a surprise given that the agency didn’t stop the firm from launching the fund a day earlier. There may be no precedent for what’s happening right now.

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