Who is the Market Maker of an ETF?

Dear Specialist,Could you please tell me which agency is responsible for the creation of the ETF market-making organization according to the new regulation?

According to Clause 18, Article 2 of Circular 98/2020/TT-BTC, this content is stipulated as follows:

An ETF market-making organization is a securities company selected by the fund management company to sign a contract to provide market-making services for the ETF.

Sincerely!

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