Commentary

Jared Dillian
Traders Magazine Online News

Was it Worth It?

In this piece from 10th Man, author Jared Dillian discusses how the ETF revolution is less about ETFs and more about indexing; about how people have come to view stocks less as stocks and more as blobs of stocks.

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Would you feel better if the Chicago Stock Exchange were purchased by U.S. firm or consortium rather than a foreign one?




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April 30, 2001

Another LTCM Fiasco?

By Gregory Bresiger

The trade group representing the hedge fund industry wants its members to have the ability to advertise. The Managed Futures Association (MFA) says it is going to ask the Securities and Exchange Commission to waive its 80-year rule barring ads of the risky funds. MFA wants the right to use tombstones in print publications.

The Investment Company Institute will oppose the proposed change, arguing that hedge funds are "risky pools." The group will also argue that advertising would facilitate another Long Term Capital Management disaster. ART-