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Bill: Bill NP-108: Stock exchanges regulation
Details
Submitted by[?]: National Progress Party
Status[?]: passed
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: June 4628
Description[?]:
| (This bill was proposed bt the minister of Trade and Industry Olivia Breta) A completly unregulated stock exchange market is not a good thing for the economy. The stock exchange system only work considering that all parties involve in the process (namingly the the investors, the compagnies and the consumer) are not in fear of being frauded. If the state cannot guarantee that the whole process is done fairly, the whole system is entirely worthless. Proviion; Article 1) Under the passage of this bill, the ministry of Trade and Industry will create a new agencny call the ''Autority of Stocks Exchanges and Corporate Ownership'' the ASECO Article 2) The ASECO will be in charge of monitoring and regulating all transaction of stocks or large business to ensure that they are not done fraudulantly or with fraudulant intentions. |
Proposals
Article 1
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: Stock exchanges are allowed and are unregulated.
Current: Stock exchanges are allowed but are regulated.
Proposed: Stock exchanges are allowed but are regulated.
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes |
Total Seats: 273 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 142 |
| Random fact: There are two countries based on Egypt in the game. Cobura is based on modern Egypt with a retro twist, while Hawu Mumenhes is based on Ancient Egypt with a modernist twist. |
| Random quote: "All history has been a history of class struggles between dominated classes at various stages of social development." - Friedrich Engels |