The counterfeit data reported on stock exchanges is also a key factor behind the reluctance of the Securities and Exchange Commission (SEC) to approve the ETFs
While this is "spot on", however, you need to put your sources, not leave others guess.
I am curious who would clearly write in a report or newspaper about an exchange that it fakes its volumes...
Sorry, without a clear source, anybody can "attack" your list of good exchanges.
If a clear report would exist, I'd expect CMC and others simply don't take into account the numbers from the "bad" exchanges.
If, and if, and if... heh...