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Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

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  • The $0.5B loss is not as concerning as exceeding the regulatory limits on structured products by 300%. I hope it gets investigated and heads roll appropriately. We occasionally mention that ETNs are not the same as ETFs. There you go.
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