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Bill: Stock Market Deregulation Bill
Details
Submitted by[?]: Grüne Demokratische Partei
Status[?]: defeated
Votes: This is an ordinary bill. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.
Voting deadline: July 4246
Description[?]:
| Stock Market Deregulation Bill |
Proposals
Article 1
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: Stock exchanges are allowed but are regulated.
Current: Stock exchanges are allowed and are unregulated.
Proposed: Stock exchanges are allowed and are unregulated.
Debate
These messages have been posted to debate on this bill:
| Date | 22:42:48, July 23, 2017 CET | From |  Sozialdemokratische Arbeitsfront (SDA) | To | Debating the Stock Market Deregulation Bill |
| Message | President, Our party is deeply concerned when it comes to deregulation of the stock exchange. It could very well lead to uncontrolable events and practically gives away the little oversight the government still has on the national economy. We should be able to at least check and balance the stock exchange to make sure our economy will not fall into chaos at some point. We vote against. Arthur Von Wolfhausen, Secretary General of the SDA |
| Date | 23:20:35, July 23, 2017 CET | From | Dorvische Landvolkpartei | To | Debating the Stock Market Deregulation Bill |
| Message | President, This seems a bit ... drastic. For a party calling itself "Pragmatic", this seems to fly in the face of pragmatism. DLVP |
| Date | 23:23:57, July 23, 2017 CET | From | Grüne Demokratische Partei | To | Debating the Stock Market Deregulation Bill |
| Message | President, The stock exchange of Dorvik has shown resounding stability for many years now. They don't need all this regulation. Sonja Schiele Chancellor of Dorvik |
| Date | 23:38:55, July 23, 2017 CET | From | Sozialdemokratische Arbeitsfront (SDA) | To | Debating the Stock Market Deregulation Bill |
| Message | President, The reason for this stability is a balanced system of government oversight and regulation combined with private ownership and craftmanship within the stock exchange. This current system of checks and balances ensures the stability of the stock exchange and the economy and the moment we unregulate this complex and efficient system we risk that very stability that we all enjoy now. The regulation of the exchange is the reason for that stability. It is not and obstacle. Arthur Von Wolfhausen, Secretary General of the SDA |
| Date | 04:56:23, July 24, 2017 CET | From | Hosian-Konservative Allianz | To | Debating the Stock Market Deregulation Bill |
| Message | Herr President, We cannot allow an unregulated stock market, this would unravel the Dorvish economy. We cannot support this bill. Sesuito Thorwald von Desidier, State Council Deputy (SNP Party Secretary for Finance) |
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Voting
| Vote | Seats | |||||
| yes | Total Seats: 234 | |||||
| no |
Total Seats: 365 | |||||
| abstain | Total Seats: 0 |
| Random fact: Jelbic = "Group of cultures with an overall Central Asian/Eurasian steppe theme, using a fictional language developed specifically for Particracy". |
| Random quote: "If sunbeams were weapons of war, we would have had solar energy centuries ago." - George Porter |