This is absolutely ridiculous. This comes up every 3 or 4 years. Want to absolutely crash the markets and decimate jobs at pro shares and America? Heinous proposition. The volume on some of these ETFs is huge, they provide massive liquidity to markets. Only allowing high net worth individuals to invest? Sickening. The rich get richer while the worse off cant participate. Please dont do this.
Jim Sertich Comment On Regulatory Notice 22-08
This is absolutely ridiculous. This comes up every 3 or 4 years. Want to absolutely crash the markets and decimate jobs at pro shares and America? Heinous proposition. The volume on some of these ETFs is huge, they provide massive liquidity to markets. Only allowing high net worth individuals to invest? Sickening. The rich get richer while the worse off cant participate. Please dont do this.