The next system
Requirements:
1:1 Capital Requirements
Only products available to consumer
Stocks
Bonds
Options
Puts and Calls
Banks can physically trade currencies.
Currencies are commodities. If I want to take a trip to Europe. I can go to the bank and buy Euros. I must take possession of Euros; Debit card or cash
All Derivatives or products that do not have a 1:1 capital requirement, must be removed from the market. ETFs, funds, LBOs
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