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Market Impact: 0.2
Bond Veteran Bassman Escalates Clash With $14 Billion ETF Issuer
Source: Bloomberg
Legal & LitigationDerivatives & VolatilityManagement & Governance
Harley Bassman, the derivatives specialist who created a key Treasury-volatility gauge, has escalated his dispute with his former employer by sending a letter to the firm’s shareholders challenging its business practices. The conflict raises governance and litigation risk for the firm, though the article provides no financial magnitude or direct market reaction.
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