Boiler Room: The Official Stock Market Discussion
Probably has more to do with this
HISTORICAL REGULATORY REQUIREMENTS FOR ETFS IN FUNDS OF FUNDS
As explained in our General FOF Alert and as relevant here, Section 12(d)(1)(A) of the 1940 Act prohibits an acquiring fund from acquiring shares of an acquired fund, if immediately after such purchase the acquiring fund would own more than 3 percent of the total outstanding voting stock (shares) of the acquired fund, or more than 5 percent of the acquiring fund’s assets would be invested in the acquired fund, or more than 10 percent of the acquiring fund’s assets would be invested in other investment companies in the aggregate. These are commonly referred to as the “3/5/10 Limits.” Section 12(d)(1)(B) places parallel prohibitions on the sale of shares by open-end acquired funds to acquiring funds with respect to the 3 percent limit, and also restricts an open-end acquired fund from selling shares to an acquiring fund if more than 10 percent of the acquired fund’s shares are owned by other investment companies.
Section 12(d)(1) imposes these limits on funds’ investments in other funds to prevent pyramided fund structures, which the SEC and Congress determined raise three policy concerns:
- Abusive control relationships where acquiring funds could control a shareholder vote at the acquired fund or exercise undue influence by threatening to redeem a large position.
- Excessive and/or duplicative management and other fund fees.
- Overly complex fund structures that confused investors about what they owned or how their investment should perform.7
But the dip
Saysumthinfunnymike
VOTE!!!
what's the cause of this just a normal pullbacc? might be a gift by EOY
Slim
Superstar
I think this is the cause of the dip
Rickdogg44
RIP Charmander RIP Kobe
I almost did CSP on it... but it's looking spookySKLZ looks permanently dead now
Koapa
Superstar
https://www.khou.com/mobile/article...fire/285-c28a4993-5b5f-43f4-a924-e39638390647
SPRING, Texas — Two people were killed Saturday night in a fiery crash involving a driverless Tesla, according to Harris County Pct. 4 Constable Mark Hermann.
This happened at about 9 p.m. in The Woodlands -- in the Carlton Woods Subdivision on Hammock Dunes Place.
Harris County Precinct 4 Constable Mark Hermann said there were two passengers in the Model S Tesla, but neither one of them was driving the vehicle. One person was in the front passenger seat and the other person was in the backseat, Hermann said.
At some point, the Tesla, which deputies said was traveling at a high rate of speed, crashed into a tree. The car then burst into flames.
Hermann said it took firefighters four hours and more than 30,000 gallons of water to extinguish the fire.
At one point, crews had to call Tesla to ask how to put the fire out, Hermann said.
SPRING, Texas — Two people were killed Saturday night in a fiery crash involving a driverless Tesla, according to Harris County Pct. 4 Constable Mark Hermann.
This happened at about 9 p.m. in The Woodlands -- in the Carlton Woods Subdivision on Hammock Dunes Place.
Harris County Precinct 4 Constable Mark Hermann said there were two passengers in the Model S Tesla, but neither one of them was driving the vehicle. One person was in the front passenger seat and the other person was in the backseat, Hermann said.
At some point, the Tesla, which deputies said was traveling at a high rate of speed, crashed into a tree. The car then burst into flames.
Hermann said it took firefighters four hours and more than 30,000 gallons of water to extinguish the fire.
At one point, crews had to call Tesla to ask how to put the fire out, Hermann said.
Yeah that driverless shyt dead in the water b. Ill never get in a whip with that shyt. Im not lazy enough to not drive myself.
FUD. Tesla tells everyone to stay behind the wheel and vigilant while on autopilot or on FSD. Why the fukk would you get out of the driver’s seat?
Fatal Tesla Crash in Texas Believed to Be Driverless
“Two men died after a Tesla vehicle that authorities believe was operating without anyone in the driver’s seat crashed into a tree Saturday night north of Houston.”
Koapa
Superstar
Between this news and bitcoin talking a massive dump, I hope my Tesla stocks holds up.
That's why autopilot doesn't matter until it's completely self sustaining. It's pointless if the person still has to stay engaged.