- No adjustable rate mortgages, if you cannot afford the house now, then wait.
- Mortgage securitization will be allowed (RMBS), only at one level up from the original mortgage.
- No Credit Default Swaps, if you don't want to buy the security or you think it may be to risky, don't buy it.
- Commodity futures, if you don't have a place to store the commodity (oil, gas, wheat etc) or you won't be using the commodity, you cannot participate in the commodity markets. Keep the speculators out!
- Derivatives should be eliminated. If you don't want to trade in the underlying security, then don't. Something has to be 'real' not just a bunch of paper and calculations.
- No 'short selling', if you don't like a stock, don't buy it.
Thats all for now, more later.
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