NO QUARTER FOR CORRUPTION (Focussing on The Fed./FRBS)

[Telephonics]

The state of Oklahoma today passed landmark legislation dealing with fails to deliver in the stock market, by an overwhelming margin. The final vote in the State House of Representatives was 81-12 in favor of State Bill 979, with eight legislators not present. The legislation will now go to Oklahoma governor Brad Henry to be signed. SB 979 is considered by stock market advocates to be an important step in dealing with an issue that many feel has been ignored at the federal level by both the SEC and Congress.


Although there has been some support at the federal congressional level to tighten or even rewrite laws dealing with stock market reform, the inaction on the part of the SEC has caused millions of small investors, with support from the North American Securities Administrators Association and the U.S, Chamber of Commerce, to refocus their efforts on reform at the state level, making the Oklahoma victory even more significant. Oklahoma representative Guy Liebmann called the overwhelming victory “a clear mandate.”




To read the rest of this article, go to:
http://www.faulkingtruth.com/Articles/Investing101/1074.html


Thanks to everyone who supported the bill, without your efforts this could not have happened. Now….let’s take it to the other 49 states.

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