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Well, the blame doesn't lie in ETFs per se. I mean, the people running the ETFs have done nothing dangerous or wrong. But the way ETF shares can be created all
by mattmaroon 16y ago
Well, the blame doesn't lie in ETFs per se. I mean, the people running the ETFs have done nothing dangerous or wrong.
But the way ETF shares can be created allows people to naked short a much larger number of shares safely. So this would not happen with, say, Microsoft stock, but may with a large index ETF.