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How confident are you that an establishment offering exotic over-the-counter derivatives to retail investors (which is what this is) without the oversight of, say, the SEC, would successfully circumvent laws against casinos? |
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Can never happen, but I can't bring myself to dislike this idea. Have you been watching "Boiler Room" or "Wall Street" by any chance? |
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What did I say that sounded like, "no SEC oversight"? Or are you saying the SEC wouldn't allow this? Are there laws about these things? |
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I had this idea too, and would like to know why it couldn't
work. |
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How is this different from the actual stock market? |
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Because you're acting like a stockbroker, but using your
own money. |
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Sounds like a front end for spread betting. As long as someone
signs up to the t's and c's, should be ready enough. |
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