Ban Complex Products (11 votes)
Financial products or instruments which can't be modeled or understood, should be prohibited.
There are some products for which clear financial models can be built.
And others which no-one understands. The regulators should take a "guilty until proven innocent" approach to new instruments : if a plausible model can't be demonstrated, then the instrument should not be permitted.
| Scope : | National |
| Timescale : | short-term |
| Who : | Government |
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