Direxion Shares ETF Trust

10/22/2021 | Press release | Distributed by Public on 10/22/2021 07:15

Post-Effective Amendment to Post-Effective Amendment by Investment Company (Form 485BXT)

485BXT

As filed with the Securities and Exchange Commission on October 22, 2021

1933 Act File No. 333-150525

1940 Act File No. 811-22201

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-1A

REGISTRATION STATEMENT

UNDER

THE SECURITIES ACT OF 1933 ☒
Pre-Effective Amendment No. ☐
Post-Effective Amendment No. 313 ☒

and/or

REGISTRATION STATEMENT

UNDER

THE INVESTMENT COMPANY ACT OF 1940 ☒
Amendment No. 315 ☒

(Check appropriate box or boxes.)

DIREXION SHARES ETF TRUST

(Exact name of Registrant as Specified in Charter)

1301 Avenue of the Americas (6th Avenue), 28th Floor

New York, New York 10019

(Address of Principal Executive Office) (Zip Code)

Registrant's Telephone Number, including Area Code: (646) 572-3390

Daniel D. O'Neill

1301 Avenue of the Americas (6th Avenue), 28th Floor

New York, New York 10019

(Name and Address of Agent for Service)

Copy to:

Angela Brickl Stacy L. Fuller
Rafferty Asset Management, LLC K&L Gates LLP
1301 Avenue of the Americas (6th Avenue) 1601 K Street, NW
28th Floor Washington, DC 20006
New York, New York 10019

It is proposed that this filing will become effective (check appropriate box)

☐ immediately upon filing pursuant to paragraph (b)
☒ on November 9, 2021 pursuant to paragraph (b)
☐ 60 days after filing pursuant to paragraph (a)(1)
☐ on (date) pursuant to paragraph (a)(1)
☐ 75 days after filing pursuant to paragraph (a)(2)
☐ on (date) pursuant to paragraph (a)(2) of Rule 485.

If appropriate, check the following box:

☒ This post-effective amendment designates a new effective date for a previously filed post-effective amendment.

EXPLANATORY NOTE

Designation of New Effective Date for Previously Filed Amendment

Post-Effective Amendment No. 305 (the "Amendment") was filed pursuant to Rule 485(a)(1) under the Securities Act of 1933, as amended, on August 9, 2021, and pursuant to Rule 485(a)(1) would become effective on October 23, 2021.

This Post-Effective Amendment No. 313 incorporates by reference the information contained in Parts A, B, and C of the Amendment.

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, as amended, (the "Securities Act") and the Investment Company Act of 1940, as amended, the Registrant certifies that this Post-Effective Amendment No. 313 to its Registration Statement meets all the requirements for effectiveness pursuant to Rule 485(b) of the Securities Act, and the Registrant has duly caused this Post-Effective Amendment No. 313 to its Registration Statement on Form N-1A to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York and the State of New York on October 22, 2021.

DIREXION SHARES ETF TRUST
By:

/s/ Patrick J. Rudnick*

Patrick J. Rudnick
Principal Executive Officer

Pursuant to the requirements of the Securities Act, this Post-Effective Amendment No. 313 to its Registration Statement has been signed below by the following persons in the capacities and on the dates indicated.

Signature

Title

Date

/s/ Daniel D. O'Neill*

Chairman of the Board October 22, 2021
Daniel D. O'Neill

/s/ Jacob C. Gaffey*

Trustee October 22, 2021
Jacob C. Gaffey

/s/ David L. Driscoll*

Trustee October 22, 2021
David L. Driscoll

/s/ Henry W. Mulholland*

Trustee October 22, 2021
Henry W. Mulholland

/s/ Kathleen M. Berkery*

Trustee October 22, 2021
Kathleen M. Berkery

/s/ Patrick J. Rudnick*

Principal Executive Officer and October 22, 2021
Patrick J. Rudnick Principal Financial Officer

*By: /s/ Angela Brickl

Attorney-In-Fact pursuant to the Powers of Attorney filed with Post-Effective Amendment No. 290 to the Trust's Registration Statement filed with the SEC on February 26, 2021.