“If we're talking about buying exchanges abroad, we have to have global securities standards, as we have global banking regulations. I'm talking about margins. Now, the United States has certain margin requirements that are not the same in London. Investors and hedge funds that want to borrow more money against securities ? if they can't in the U.S., they go abroad. That could add additional risks to the global economy.”
Quote by Muriel Siebert
Author
Muriel Siebert
Muriel Siebert was an American businesswoman and entrepreneur, recognized for being the first woman to secure a seat on the New York Stock Exchange. more