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To: axial who wrote (34859)8/7/2010 12:35:02 PM
From: ftth  Read Replies (2) | Respond to of 46821
 
re: "The public has been very poorly served by mainstream media. IMO that's the way Wall Street likes it."

It seems, from reading the articles you linked to, the public has been very poorly served by the regulators as well, and Wall Street likes that even more.

When an ETF is marketed as tracking an index, and sometimes it does track within a very small error margin but sometimes it is off by a mile, that should raise some big red flags. (I don't mean to lump all ETF's into that characterization, but I seem to recall there were ETFs in far less risky categories which also had huge moves during the flash crash. However, that's quite a bit more transient than the lengthy oil ETF differential you showed graphs of)

This same type of functional disparity between advertised and actual broadband data rates has prompted communications regulators to seek better transparency and accuracy in what is marketed/sold, and there's far less at stake there. Though they haven't succeeded yet.