Justina Lee(@justinaknope):Harley Bassman sued Simplify Asset Management earlier this year. Now he's escalated his clash with the ETF issuer, saying in a letter to other Simplify shareholders he's "deeply concerned" with its management One of the issues he raises: The firm's $14b AUM may be overstating its growth thanks to "Russian doll stacking" My story today:

Justina Lee

@justinaknope

I write about the nerdy stuff (eg quant) in markets for @business. And sometimes crypto and prediction markets. Opinions my own.

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Justina Lee@justinaknope

2026.09.14 14:19

Harley Bassman sued Simplify Asset Management earlier this year. Now he's escalated his clash with the ETF issuer, saying in a letter to other Simplify shareholders he's "deeply concerned" with its management One of the issues he raises: The firm's $14b AUM may be overstating its growth thanks to "Russian doll stacking" My story today: