The solution to SS is very simple....
Shares can be sold with no uptick rule.....the numbers of shares to be restricted by shares outstanding....by electronic tag....first come first served.....
However there would be restrictions on share size for large institutional accounts....
Futhermore ....there should be no account minimum or maximum....
Margin should be 4:1....either overnight or intraday.....
Orders must be made good ....for a minimum of one second....
Exchanges must be defragmented....and electronically supervised by a new entity...whereby employees cannot crossover to the private side for 5 years.....
Done
Now....further efficiencies in closing the bid ask spread.....and lower transaction costs.....100 units of any secuity should not cost more than 20 cents......Why would anyone want to pay for fat salaries...buildings...advertising....etc....when it is all better on the internet....
Then....accurate timely wiki based information ....on every security....which completely replaces the rating agencies....
Next....make the exchanges seamless.....worldwide in the currency and language of choice....
Next ....no taxes of any kind on any securities.....in the name of efficient capital....and the maximum effort to rebuild manufacturing and innovation....and wealth distribution.....
Done
.....................................................
Why ?
The world needs to act fast and replace bankable valuations....
And would...and then some....if the above is implemented....
.................................................
The Brown/Obama clowns.....should be in Hollywood....not Washington....
Shares can be sold with no uptick rule.....the numbers of shares to be restricted by shares outstanding....by electronic tag....first come first served.....
However there would be restrictions on share size for large institutional accounts....
Futhermore ....there should be no account minimum or maximum....
Margin should be 4:1....either overnight or intraday.....
Orders must be made good ....for a minimum of one second....
Exchanges must be defragmented....and electronically supervised by a new entity...whereby employees cannot crossover to the private side for 5 years.....
Done
Now....further efficiencies in closing the bid ask spread.....and lower transaction costs.....100 units of any secuity should not cost more than 20 cents......Why would anyone want to pay for fat salaries...buildings...advertising....etc....when it is all better on the internet....
Then....accurate timely wiki based information ....on every security....which completely replaces the rating agencies....
Next....make the exchanges seamless.....worldwide in the currency and language of choice....
Next ....no taxes of any kind on any securities.....in the name of efficient capital....and the maximum effort to rebuild manufacturing and innovation....and wealth distribution.....
Done
.....................................................
Why ?
The world needs to act fast and replace bankable valuations....
And would...and then some....if the above is implemented....
.................................................
The Brown/Obama clowns.....should be in Hollywood....not Washington....
