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gruez 2 hours ago

If you have evidence of corruption, present it. Otherwise it's just generic cynicism leading to a thought terminating cliche.

dools 2 hours ago | parent | next [-]

At this point in US regulatory oversight I would have a harder time finding evidence of no corruption.

an hour ago | parent [-]
[deleted]
wookmaster an hour ago | parent | prev | next [-]

Why else would they change the rule ?

tikhonj 7 minutes ago | parent | next [-]

Because they think that a lot of people will want to get in on the historically massive and well-known companies, which would lead to outflows if the index doesn't pick them up fast enough?

JumpCrisscross 27 minutes ago | parent | prev [-]

> Why else would they change the rule ?

These indices aim to replicate the market. They’re not trying to pick stocks.

There is a serious argument for saying they fail to replicate the market if they structurally exclude trillions of dollars of it.

lenerdenator 17 minutes ago | parent [-]

They also exclude many other things that are of economic value, because they could cause structural or social harm in the markets.

jimjimjim an hour ago | parent | prev | next [-]

I think deep cynicism is the correct mindset to have in the current financial/political climate.

noonething an hour ago | parent | prev [-]

;)