Welcome Guest [Log In] [Register]



Welcome to the forums of the Undead Dominion of Lazarus. We hope you enjoy your visit.

You're currently viewing our forum as a guest. This means you are limited to certain areas of the board and there are some features you can't use. If you join our community, you'll be able to access member-only sections, and use many member-only features such as customizing your profile, sending personal messages, and voting in polls. Registration is simple, fast, and completely free.

Join our community!

If you're already a member please log in to your account to access all of our features

Username:   Password:
Image hosting by Photobucket
Stock Exchanges And Foreign Investment
Topic Started: May 9 2017, 06:50 PM (102 Views)
Funkadelia
Member Avatar

Quote:
 
Stock Exchanges And Foreign Investment

A resolution to reduce barriers to free trade and commerce.

Category: Free Trade

Strength: Mild

Proposed by: United Federated States of Omega

Recognizing that stock exchanges provide corporations and governments the ability to raise funds,

Further recognizing that there is a significant amount of capital that could be invested outside of any given country’s borders,

Also noting that nations which have invested in the economies of other nations are less likely to enter an armed conflict,

Acknowledging that there are certain barriers, like exchange rates, to international investment,

Believing that foreign investment provides a way for corporations and governments to raise more funds than may have been previously available to them, hereby:

Defines, for the purposes of this resolution,

'stock' as a portion of ownership in a corporation,

'bond' as a certificate showing the ownership of a specific amount of debt to be paid back, with interest, at a later date specified at the time the bond was bought,

'tradable derivative' as a tradable contract, which derives value from specific currencies, commodities or stocks,

'security' as a document, be it physical or otherwise, attesting to the ownership of stocks, bonds, or a tradable derivative,

'stock exchange' as a platform, be it physical or otherwise, on which securities are bought and sold, and

Recommends that all stock exchanges headquartered within a member state be open to the citizens of any World Assembly member state unless this section is:

waived between the investors and exchanges of nations engaged in a direct military conflict, embargo, or as part of sanctions, or

waived for any specific individual or group that has been found guilty of a crime related to the buying and/or selling of securities or any individual or group found guilty of a crime that was facilitated by the buying and/or selling of securities;

waived for any specific individual or group that has violated WA legislation

Establishes the International Securities and Exchange Commission (ISEC) to develop, maintain, and publish a model code of securities regulations, which may act as a guide for member state governments;

Empowers the ISEC to regulate the exchanges on which currencies are traded to prevent artificial manipulation of the exchange rate and to ensure that these exchanges operate without bias toward the citizens of any one nation.

Reserves the right for member states to implement whatever regulations they see fit on domestic exchanges, within the confines of current WA legislation.
Mini Profile Top
 
Svez
Member Avatar
That One Guy Who Does Stuff
For
Mini Profile Top
 
The13th
Member Avatar
Guy in the Public Eye
For
Mini Profile Top
 
Old World Loyalists
Member Avatar
Newbie
Against
Mini Profile Top
 
Amerion
Member Avatar
Star Destroyer
For
Mini Profile Top
 
Pader
Member Avatar
Lazarene
against
Mini Profile Top
 
Funkadelia
Member Avatar

I have voted for in accordance with this vote.
Mini Profile Top
 
Omega
Member Avatar
Star Lord
So I am the author of this one, and I am very grateful for the decision to vote in favor.
Mini Profile Top
 
Lamb
Member Avatar

Against.

Nothing personal Omega :P almost always am against proposals like these.
Mini Profile Top
 
Funkadelia
Member Avatar

I have abstained from the vote as of now.
Mini Profile Top
 
1 user reading this topic (1 Guest and 0 Anonymous)
« Previous Topic · General Assembly · Next Topic »
Image hosting by Photobucket


Theme by Sith - Recolored by Seth of Outline