The SEC sits idly by. Wild price action slowly erodes investors’ confidence

ETFs are destroying the stock market just as CDSs destroyed the bond market.  I have written about the neutered SEC many times.  Doug Kass, over at RealMoneyPro.com, one of the paid sites for thestreet.com, says,”I have written extensively on the disproportionate role of ETFs and algorithmic trading, ”

Here is his whole post:  http://realmoneypro.thestreet.com/articles/09/30/2011/dougs-daily-diary-friday-9302011#so sick

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