4 ms·

Or better yet, treat trading & holding market assets as a privilege and not a right. Maybe it’s not worth pursuing criminal charges for any multitude of reasons

• mulmen 9y ago
  And who decides the members of this privileged class? If I get a speeding ticket do I lose my ability to trade? What about a fealony? What if I am on a no-fly list without due process?
  • s73v3r_ 9y ago
    Your "what-ifs" are just completely ludicrous, to the point where it does not appear that you are wanting to actually discuss the topic.
    • mulmen 9y ago
      They are not ludicrous at all. A few years ago it was suggested we use the no-fly list to prohibit gun purchases. And that's an explicitly granted constitutional right. Felons already lose rights such as voting. How "quick" would this release be? If we treat participation in the stock market as a privilege I think it's entirely reasonable to ask who gets that privilege.
  • awinder 9y ago
    well the thought was that it would strictly be tied to actions dealing with the market. there’s a lot of other people’s money in the market, bad actors are capable of creating markedly more damage than personal benefit. this is more about making sure someone with capital can’t repeatedly do dodgy things. but yeah, it’s a weird hypothetical and the SEC is going after a bad actor here, so maybe the system is working