According to @EricBalchunas, the most asked question at a live ETF panel was how to get into Merrill’s model, directed to Richard Tseng, who runs a $200 billion Merrill model portfolio described as the biggest ETF portfolio in the world after the Bank of Japan. Source: @EricBalchunas on X, Dec 11, 2025. According to @EricBalchunas, the panel also featured Riz Hussain from Schwab and Matt Orton from Raymond James. Source: @EricBalchunas on X, Dec 11, 2025. According to @EricBalchunas, the crowd’s focus on model inclusion highlights the distribution importance of Merrill’s model to ETF issuers seeking scalable access via model portfolios. Source: @EricBalchunas on X, Dec 11, 2025.

According to @rogerhamilton, Genius Group (NYSE American: GNS) has engaged The Basile Law Firm P.C. to pursue legal action compelling Charles Schwab, Fidelity, Vanguard, and Robinhood to reinstate buy-button functionality for GNS shares, citing trading access disparities that impact order flow and price discovery (source: Roger James Hamilton on X, Dec 2, 2025). According to @rogerhamilton, the company sent Demand Notices on November 16, 2025 to all four brokers and is proceeding with legal action after no broker reinstated full buy access (source: Roger James Hamilton on X, Dec 2, 2025). According to @rogerhamilton, CEO Roger James Hamilton stated that making it harder to buy than sell creates a one-sided market that artificially pressures the share price downward and causes a sell-side imbalance (source: Roger James Hamilton on X, Dec 2, 2025). According to @rogerhamilton, attorney Mark R. Basile asserted that blocking or limiting buy orders without legitimate regulatory justification can violate SEC Exchange Act Sections 9(a) and 10(b), Regulation NMS Rule 611, and FINRA Rule 5310, potentially constituting a manipulative device (source: Roger James Hamilton on X, Dec 2, 2025). According to @rogerhamilton, the company characterizes these limitations as suppressing legitimate demand and amplifying sell-side pressure, a trading-relevant factor for GNS liquidity and price formation that investors should monitor alongside any broker changes to buy access (source: Roger James Hamilton on X, Dec 2, 2025). According to @rogerhamilton, Genius Group describes itself as a leading AI-powered, Bitcoin-first education group, underscoring why crypto-aligned equity traders may track this legal action in the context of Bitcoin-themed stock exposure (source: Roger James Hamilton on X, Dec 2, 2025).

According to Eric Balchunas on Twitter, Schwab has become the latest major financial firm to quietly remove or de-emphasize the term ESG (Environmental, Social, Governance) from its public-facing materials and product descriptions (Source: Eric Balchunas, Twitter, May 14, 2025). This shift follows a broader trend among asset managers and ETF providers who are distancing from ESG branding due to regulatory scrutiny and shifting investor sentiment. For traders, this development signals a waning focus on ESG criteria in portfolio management, which could alter fund flows and impact stocks with heavy ESG branding. Crypto-related equities, especially those previously promoted for ESG compliance, may experience reduced institutional inflows. Traders should monitor fund rebalancing and potential volatility in crypto-adjacent stocks as ESG fades from mainstream investment narratives.