WITHIN INDUSTRY: THE FIRST ACTIVE ETFS ARE EXPECTED TO MOVE AHEAD QUICKLY AND IN AN ORDERLY MANNER WITHIN 10 TRADING DAYS

ACCORDING TO THE FIRST FINANCIAL REPORT, FEEDBACK FROM INDUSTRY INDICATED THAT THE FIRST ACTIVE ETFS WERE EXPECTED TO MOVE FORWARD QUICKLY AND IN AN ORDERLY MANNER WITHIN 10 TRADING DAYS. IT TOOK LESS THAN A MONTH FROM THE FIRST STATEMENT BY THE SUPERVISORY BODY ON JUNE 17 TO “SUPPORT THE LAUNCH OF THE PROACTIVE ETF” TO THE FACT THAT THE APPLICATION FOR REGISTRATION OF 18 PRODUCTS IS NOW ON THE CVM WEB. IT IS WIDELY UNDERSTOOD THAT AGENCIES HAVE BEEN INVOLVED IN THE PREPARATION OF RESEARCH, AND THAT TODAY 18 MANAGERS, 18 PRODUCTS, AND SOME COMPANIES HAVE EVEN SACRIFICED THEIR TWO-FUND MANAGERS, WITH A DELIBERATE STRATEGY TO AVOID RADICALISM AND MOVE ON WITH A “LOW-EARTH, HIGH-DISPERSION” STANCE. (WALL STREET SMELLING)