[U.S. SEC Approves Dimensional to Launch ETF Share Class for Mutual Funds] The U.S. Securities and Exchange Commission (SEC) has issued an approval order allowing Dimensional to launch an ETF share class for mutual funds. Dimensional becomes the second asset management company after Vanguard to obtain this capability and is the first institution to apply this model to actively managed products. Currently, approximately 90 asset management companies are applying to conduct similar business models.