Yeah, the rules have kind of made the passive investment active. I don't understand OPs point at all. I don't understand why we suddenly change the rules and rush things, and OP has provided 0 justification for that.
Because the rules are clearly going to result in lots of buying pressure from passive indexes on a large stock with little time for price discovery.
Come on, let's be adults here. Is there a prior example of this on a comparable scale?
It's already well known that passive indexes bleed ~0.5% performance solely to front running and exploitation from the market. This is that writ large.
