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> Legally, any fund that tracks the NASDAQ 100 must follow the rules set by NASDAQ No? Contractually, maybe. But legally you can do whatever you want with inde
by JumpCrisscross 8mo ago
> Legally, any fund that tracks the NASDAQ 100 must follow the rules set by NASDAQ
No? Contractually, maybe. But legally you can do whatever you want with index constructions.
- lxgr 8mo agoAre indexes not covered by copyright, even if you don't mention the underlying data source by name? If they are, you'd only get a license when accepting their terms.
- JumpCrisscross 8mo ago> Are indexes not covered by copyright Index providers definitely own their trademarks. You can’t market an S&P index without paying S&P. But “the available authority indicates that copyright protection for indexes may extend to the index constituent lists but not index averages, and copyright preemption principles may limit misappropriation protection for indexes to a very narrow class of ‘hot news’ uses” [1]. > you'd only get a license when accepting their terms Sure. But plenty of indices allow for mixing and matching. The terms are designed to avoid confusion—you can’t use the term NASDAQ 100 if it isn’t exactly that. More broadly, there are tons of indices and benchmark portfolios. [1] https://www.blegalgroup.com/market-index-licensing-a-review-of-u-s-law/a3 https://www.blegalgroup.com/market-index-licensing-a-review-...
- JumpCrisscross 8mo ago> Are indexes not covered by copyright, even if you don't mention the underlying data source by name? If there were a good autopilot energy policy option, it would probably entail doing the opposite of whatever Germany votes to do.
- malfist 8mo agoYou might be surprised to learn that the stock markets are heavily regulated.
- JumpCrisscross 8mo ago> You might be surprised to learn that the stock markets are heavily regulated How is this a response?