RE: RE: Are "They" that smart???It may not be as far-fetched as it sounds. I don't know about you guys, but I keep hearing talk about "regulatory arbitrage", in parts of the market ranging from investment banking oversight to nat gas mkt. The theory says participants transact where oversight is softest. In nat gas mkt the number of contracts held by 1 player are focus of current scrutiny. Suspicion is that nymex participants have exercised an "overallotment option" by "buying" more nat gas contracts (or selling) via UNG. What I have not heard is how that would "work" with respect to an attempt to influence prices on the nymex by buying an etf? Tgar, I think I've read you say you don't think the etf can influence the nymex price? If you said that an dyou're correct, then I don't see how arbitrage is possible? Do you or anyone else have a more nuanced explanation of possible back and forth relation between etf and nymex prices? Also, I heard UNG is issuing more shares Monday. Has anyone else heard that?