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It is harder still to make securities out of such things as music royalties and patent licence fees.Most traditional securitisations involve cash flows that have been earned, but are not yet received; the main risk is that the cash will flow earlier or later than promised, or not at all.
There's another warped idea at work here the notion that such a levy will make securities more stable in price because it will crimp the style of in-and-out speculators.
Until technology and regulation catch up with online trading's momentum, caveat emptor will remain the name of the game, but experts are already anticipating changes to make securities in cyberspace safer for everyone.
Similar(54)
He promised to make security a higher priority.
For both issues, make security a conscious choice.
The Israelis thought they could make security by force".
But the company has also been trying to make security a source of revenue.
Mr Calderón chose to make security and battling powerful drug mafias the centrepiece of his presidency.
Make security measures appropriate: Often blanket security rules are instituted based on assumptions.
Qubes relies on the user to make security decisions, and cannot offer protection to those who make foolhardy choices.
The technology to make security can increasingly be embedded into the system.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com