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Updated Sept. 17, 2021 8:48 am ET / Original Sept. 16, 2021 7:22 pm ET
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The exchange-traded fund industry was shaken up this week as a key Democratic senator proposed to repeal a tax advantage that’s been a driving force behind the investment vehicle’s popularity over the past decade.
As Senate Democrats discussed President Joe Biden’s sweeping $3.5 trillion reconciliation bill and how to pay for...