No intelligent investor could mistake an ETN for an ETF. They're wildly different products. One is a bond with a collection of complex derivatives attached. The other is a portfolio of stocks.
The mistake is made, but only by the dumbest of money.
> Take a look at this form to get monthly reports
So an ETN advisor offers some reports to accredited investors. This doesn't prove that there is a law demanding that certain info is kept from retail investors.
Anybody with a price feed could create those reports and use them as sales literature.
> Does your hat taste good?
Why would I be eating my hat? All you did was prove that you're financially and logically illterate. You also proved that you argue dishonestly, moving the goalposts when it becomes clear that your original post was 100% wrong.
What on earth are you talking about? There is no law that says accredited investors get more information about an ETF than other investors. This does not happen.
Paul will not be able to provide a credible source because what he wrote is completely and totally wrong.
This is the word that makes clear that you're either legitimately grossly ignorant of the reasoning behind the laws, or you're incredibly dishonest.
Either way it makes clear that you and your opinions don't deserve respect.