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Who Benefits The Most From Non-Transparent ETFs?

FYI: After years of scrambling and determination, it looks like the actively managed mutual fund industry might finally get its wish to manage exchange-traded funds without having to publish daily investing positions like all other ETFs.

The question now is, who benefits from this much-coveted nontransparent ETF structure?

The short answer is, it could be investors.
Regards,
Ted
https://www.google.com/search?source=hp&ei=Iku0XIKuI4actAXul4uoCw&q=Who+benefits+the+most+from+non-transparent+ETFs?&btnK=Google+Search&oq=Who+benefits+the+most+from+non-transparent+ETFs?&gs_l=psy-ab.3...2681.2681..3887...0.0..0.135.209.1j1......0....2j1..gws-wiz.....0.VWPzbNPYYJw
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