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Securities are company shares. The goal of blocking foreigners from selling them is more or less to confiscate the money that they paid to own those shares.
by misja111 5y ago
Securities are company shares. The goal of blocking foreigners from selling them is more or less to confiscate the money that they paid to own those shares.
- wcoenen 5y agoIt's not just company shares. Bonds and derivatives are also securities.
- nickles 5y agoDerivatives are not securities and are regulated differently. For example, futures are regulated by CFTC in the US.
- wcoenen 5y agoI was going off the investopedia definition, which claims warrants and convertible bonds are securities [1]. As far as I understand, those are a type of derivative. But I hadn't understood that some other types of derivatives are not considered securities. It all makes a bit less sense to me now... [1] https://www.investopedia.com/terms/s/security.asp https://www.investopedia.com/terms/s/security.asp
- Lendal 5y agoYeah this is how I understand it. The goal for Putin is to steal as much as possible while he still can from the only people in the world who believed in him, the people who invested in Russian securities over the past two decades.