The Heat Grows on Indexing
Additional regulations seem inevitable.
On Monday, The New York Times continued its periodic critiques of investment indexing, with "What's Really in Your Index Fund?" This follows two reproachful Op-Ed articles about indexing in 2016 and then another last year.
Steven Davidoff Solomon, a law professor at UC Berkeley, penned the first of these missives and was joined on Monday by Robert Jackson Jr., one of five commissioners at the SEC. As Jackson was appointed to his position by President Trump, and the driving force behind the Times' other articles, Eric Posner, generally espouses leftist views (although he describes himself as a centrist), the criticisms of indexing are bipartisan.
John Rekenthaler has a position in the following securities mentioned above: MORN. Find out about Morningstar’s editorial policies.