Kauffman report against ETFs “filled with holes"

Kauffman report against ETFs “filled with holes"

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A report released in the US blaming exchange-traded funds (ETFs) for market distortions and threatening market stability has been undermined by industry experts as "filled with holes".

The report by the Kauffman Foundation - a group supporting entrepreneurship and new company growth - has been dubbed "incorrect" by a range of industry experts, in relation to even basic ETF structural issues.

The report, written by Harold Bradley and Robert Litan at the foundation, says the proliferation of ETFs

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