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by exegete 9 days ago
That's nice, but there's more to it:

> However, the S&P Dow Jones Indices did “carve out one concession” by changing the investable weight factor rules for “lower-profile benchmarks” such as the S&P Total Market Index and Dow Jones US Total Stock Market Index, according to Quartz. That could allow an IPO faster entry into those indexes.

I think these total market indexes are used as benchmarks for US total market ETF's and funds?