The SEC issued an order on Nov. 17 to allow Dimensional Fund Advisors to launch dual ETF share classes of 13 mutual funds.

Democratic state treasurers said they are concerned with developments at the SEC and criticized Elon Musk’s new $1 trillion pay package at Tesla.

CalPERS’ board approved the adoption of a total portfolio approach, making it the first U.S. public pension fund to fully embrace the strategy.