Order Granting a Conditional Exemption From Exchange Act Section 11(D)(1) and Exchange Act Rules 10B-10, 15C1-5, 15C1-6, and 14E-5 for Certain Exchange Traded Funds

The Securities and Exchange Commission ("Commission' or "SEC') is issuing an order granting an exemption from compliance with certain provisions of the Securities Exchange Act of 1934 ("Exchange Act') and the rules thereunder to broker-dealers and certain other persons engaging in certain transactions in securities of exchange- traded funds ("ETFs') relying on rule 6c-11 under the Investment Company Act of 1940 ("Investment Company Act').