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Rick Bookstaber — Can We have an ETF Meltdown?

Summary:
Rick Bookstaber explains how the EFT market in illiquid assets like high yield bonds creates an illusion of liquidity that is not there.Rick BookstaberCan We have an ETF Meltdown?Rick Bookstaber | Chief Risk Officer for the 0 billion pension and endowment of the University of California

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Rick Bookstaber explains how the EFT market in illiquid assets like high yield bonds creates an illusion of liquidity that is not there.

Rick Bookstaber
Can We have an ETF Meltdown?
Rick Bookstaber | Chief Risk Officer for the $110 billion pension and endowment of the University of California

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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