Bond Veteran Bassman Escalates Clash With $14 Billion ETF Issuer

Harley Bassman, who invented the MOVE Index, a measure of Treasury volatility, sent a letter to shareholders of his former employer regarding its business practices. Bassman previously worked at the firm, which manages approximately $14 billion in assets. The letter marks an escalation in a dispute between Bassman and the company. No additional details about the specific business practices or claims were provided.

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