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‘Fell through the cracks’: Controversial private credit ETF faces new regulatory hurdles - TL;DR CNBC

‘Fell through the cracks’: Controversial private credit ETF faces new regulatory hurdles

Publishing timestamp: 2025-03-07 00:18:35


Summary

The debut of the SPDR SSGA Apollo IG Public & Private Credit ETF (PRIV) has raised questions about SEC oversight, as the fund faces issues with its asset mix and name. State Street has promised to comply with SEC regulations and make changes to the fund, but questions remain about how these issues were not addressed earlier. Despite the controversy, the fund currently has $55 million in assets under management.


Sentiment: MIXED

Tickers: APOSTT

Keywords: exchange-traded fundspersonal investingindustry regulationdonald trumpinvestment strategytrump administrationmarketssecbusiness newssecurities regulationspdr ssga apollo ig public and private credit etfcorporate bondsmunicipal bondsbreaking news: marketsregulatory agenciesinvestorsdebt and bond marketsapollo global management incstock marketsstate street corpcorporate stock

Source: https://www.cnbc.com/2025/03/06/sec-in-hot-seat-over-private-credit-etf-approval.html


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