Market price

Market price means:
(A) The official closing price of an exchange-traded fund share; or
(B) If it more accurately reflects the market value of an exchange-traded fund share at the time as of which the exchange-traded fund calculates current net asset value per share, the price that is the midpoint between the national best bid and national best offer as of that time.

Source

17 CFR § 270.6c-11


Scoping language

None
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