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← Any trader who is riding a winning position for the past few months has to hold it to expiry now or else pay 4% to take profit on his OLD position, which was clearly not written into the contract when he PUT THE POSITION ON. No exchange governed by U.S. law could ever get away with this without being sued into oblivion.
ECONOMIC DERIVATIVES is dead. →

Neteller co-founder Stephen Lawrence pleaded guilty to a charge of criminal conspiracy. Lawrence was arrested in January as part of a U.S. crackdown on online gambling.

Posted on June 29, 2007 by Chris F. Masse

Wall Street Journal $$$

About Chris F. Masse

Founder and President of Midas Oracle
View all posts by Chris F. Masse →
This entry was posted in Regulations and tagged co-founder, NETeller, Neteller co-founder, online gambling, Stephen Lawrence, United States, Wall Street Journal. Bookmark the permalink.
← Any trader who is riding a winning position for the past few months has to hold it to expiry now or else pay 4% to take profit on his OLD position, which was clearly not written into the contract when he PUT THE POSITION ON. No exchange governed by U.S. law could ever get away with this without being sued into oblivion.
ECONOMIC DERIVATIVES is dead. →

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