Jim: The entire ETF/market manipulation piece was fantastic. Do not let up on this. Keep pounding the tables because it must be dealt with. I am so glad you are as upset as I am about it. Public trust has been violated and the market is being completely destroyed by manipulation. This must be blown wide open. FINRA, the exchanges, the SEC - they are all guilty of oversight! --Laura
Cramer says: “No one wants to investigate this because they generate a huge amount of commissions and because this has been the only product that has been introduced where there’s new underwriting fees. So there isn’t anyone in the system to check this. I hope that a new SEC chairman will not be so in bed with the underwriters and with the commission traders and take a hard look at what you and I know is not right.”
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Dear Jim: If your scenario is true, could any legal action be brought against the offenders? Have you notified any government agency? Please help the little guy! --Fred