ETFs and the Present Danger to Capital Formation
Prepared Testimony by Harold Bradley and Robert E. Litan
Before the United States Senate Committee on Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance, and Investments
ETFs have increasingly distorted the role of equities
markets in capital formation, while posing systemic risks from potential
settlement failures.
Continue reading “Testimony: Kauffman Foundation on ETFs Danger to Capital Formation”
