SEC takes new shot to pass trader conflict rule tabled after 2008 crisis

ktm said:
If I buy a car for 50K and put almost nothing down, I'm required to buy insurance to pay off the debt with the bank if I crash the car. So I'm "long" the car while being "long" crashing it. ..... Makes sense in the real world but they want to ban it here? Asking for an equity manager.
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MANY states require that kind of insurance, regardless; some exceptions apply under the financial responsibility law.[Not sure you meant to imply a car crash would be fine because of good insurance??] May make sense in markets like GE that did so many downtrends to $6.66. Not a stock tip.
Surely he will remember his GS days + ''exceptions'' noted under that photo +craft it with care, as one of the SEC comissioners noted.
Interesting BC said that was helping some one\ get a house they could not afford + many cases being sued for balance if foreclosed ;
+ in some cases having home debt forgiveness being taxed by IRS.:caution:
 
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