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> SPY as we know it will cease to be on Jan. 22, 2118, or 20 years “after the death of the last survivor of the eleven persons” -- whichever occurs first. The s
by __john 7y ago
> SPY as we know it will cease to be on Jan. 22, 2118, or 20 years “after the death of the last survivor of the eleven persons” -- whichever occurs first. The structure doesn’t provide those people with a financial interest in SPY.
If SPY ceased to exist what would be the effect on the markets?