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Posted: Nov 3rd 2007 10:09PM (Unverified) said

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I've run a little story on this as well -

http://www.sloz.info/2007/11/04/world-stock-exchange-the-latest-controversy/

I really do feel that until there's some sort of regulation, the whole financial in Sl, it's all a joke - just not a funny one.
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Posted: Nov 3rd 2007 9:46PM (Unverified) said

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I'm inclined to agree Lowell, although getting regulation will require some significant changes at LL.

If I can avoid giving information as a CEO to tie to me personally, and so avoid responsibility, or make it hard to assign, why would I not do so? I guess I'd have to add, I certainly wouldn't do so if I intended to defraud people, but most of our financial regulations are really to force compliance, however ineffectively.

An Australian friend of my commented that running a Stock Exchange in Australia is illegal without some form of licensing. Could you comment on that?
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