The Air Force would make do with 16 active and 12 reserve tactical fighter wings versus a Cold War structure of 24 active and 12 reserve fighter wings.

CENTERFORSECURITYPOLICY: Center for Security Policy | The Measure of a Superpower: A Two Major Regional Contingency Military for the 21st Century | Page: 2

When I left active duty, my wife and I decided to formalize and structure a true training program to expand the scope of the impact we sought.

WHITEHOUSE: Smoothing the Transition

Taken together, you can infer that the ETF structure, as currently concieved, could run into operational hiccups when an active strategy get too big for its britches.

FORBES: BOND and the Future of Active ETFs

With the initial run of the Pimco Total Return ETF ( BOND), active ETFs and their managers may need to start thinking about the challenges that success could pose to the ETF structure.

FORBES: BOND and the Future of Active ETFs