[idoby]

Less-than-ethical according to who?

If you're buying indices then you have explicitly given up control of a portion of your portfolio to them, and they can lose money as well as gain. Sounds to me like you're just complaining because you lost money because of this move, but symmetrically speaking, you could have gained.

And to be clear, I'm not long or short Hertz and have never been (unless some index or fund I'm holding happened to buy their stock).

[awinder]

Hertz lawyer, for one. And I will lose some nominal amount, or maybe I made money, depends on when the index rebalances. But NYSE racing to delist in the face of this move and Hertz own lawyers comments are enough that no, in objective reality, there’s many reasons why this isn’t just some simple issue.

[idoby]

I'm very curious to know this objective reality and how to discover it.