On the recordMay 5, 2010
I am troubled by the way exchange-traded funds and closed-end funds move differently than the stocks they are actually supposed to track.
Said by
Jim Bunning
Source
congress.govI am troubled by the way exchange-traded funds and closed-end funds move differently than the stocks they are actually supposed to track.
Bunning expresses concern about the discrepancies in fund valuations affecting investor trust.
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I have had the great fortune of having three wonderful careers during my life: one as a husband and father of 9 children and a grandfather of 40, one as a Major League baseball player for 27 years, and one in public service for 30 years…
But the SEC for 13 years has sat on their hands. So if you do not get the Justice Department involved in this, shame on you as the Inspector General.