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The SEC's September 2017 SEC Speech on ETFs
Gary Genser: It seems like ETFs got a pretty much a pass. He basically said, you know,ETFs look, they're great. They brought diversity and convenience to investors. And he kind of just went on. So I'll give you some credit for that. But it was really heartening to see that this is a product that actually was a pressure valve in March 2020. There was all this worry about it. Then when the Fed stepped in to buy them, I think that really sealed the deal. The government acknowledged that.