SEC plans to approve Vanguard request to list actively managed ETFs

Sept 8 (Reuters) - The U.S. Securities and Exchange Commission on Friday said it planned to approve an application that would let Vanguard Group Inc list some of its mutual funds as actively managed exchange-traded funds.

The regulator said the requested relief would be granted unless it orders a hearing. (http://bit.ly/2wQb3SE) (Reporting by Yashaswini Swamynathan in Bengaluru; Editing by Sriraj Kalluvila)