Goldman Sachs Asks For Permission To Launch Active ETF

Goldman Sachs Group Inc (NYSE:GS) is getting ready to enter the active ETF market, filing with the Securities and Exchange Commission for permission to launch an equity dividend ETF on Friday, reports Ashley Lau for Reuters. Goldman also asked the SEC for permission to self-index, which would allow them to sell ETFs pegged to their own in-house indexes. A Goldman Sachs spokesperson has confirmed that the investment bank is launching active ETFs with global head of ETF strategy Michael Crinieri at the helm. Goldman Sachs follows other investment banks into the ETF fray Goldman Sachs Group Inc’s (NYSE:GS) decision follows…