1/4% Tax on all stock trades pushed in NY Times today

[TraDaToR]

http://www.publicserviceeurope.com/article/3532/lawson-hits-out-at-financial-transactions-tax

 

[seasideheights]

The Robin Hood group in the USA is now angling a FTT for "student debt relief". They're spamming a petition around and are gathering signatures to send to congress.

Stay vigilant & jump on the comment sections in the press stories that are coming.

 

[Explorer]

Op-ed photo'd from today's Times (internet site is paywalled).

 

[TraDaToR]

http://www.economicvoice.com/thecit...f-scaling-back-the-ftt/50037335#axzz2V9V9UTyv

 

[Explorer]

"By the time the instruments end up at a clearing house, the FTT will amount to as much as 10 basis points, meaning the FTT could be bigger than the bid-offer spread. The FTT will kill the market. Politicians don't really understand what they are getting into. "

http://investmenteurope.net/investm...ember-state-fears-that-ftt-will-hurt-clearing

 

[TraDaToR]

http://www.publicserviceeurope.com/...ransaction-tax-firms-will-relocate-outside-eu

 

[Explorer]

FTT would 'close down' securities lending market

http://media.efinancialnews.com/story/2013-06-04/ftt-securities-lending-isla-esma-short-selling

 

[TraDaToR]

http://www.economywatch.com/in-the-...transaction-tax-as-currency-slumps.05-06.html

 

[TraDaToR]

http://www.postonline.co.uk/post/ne...ll-have-significant-implications-for-insurers

 

[Explorer]

Osborne Says Transaction Tax Unlawfully Extraterritorial

http://www.bloomberg.com/news/2013-...nsaction-tax-unlawfully-extraterritorial.html