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Douglas_Knight comments on Easy wins aren't news - Less Wrong Discussion

39 Post author: PhilGoetz 19 February 2015 07:38PM

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Comment author: Douglas_Knight 22 February 2015 08:02:49PM 1 point [-]

But the SEC did approve the 1997 auction. Maybe it was very difficult for this company to enter the market back then. Maybe it would be very difficult for a new company to enter this market. But that is not the topic. The topic is municipal bonds taking advantage of the options that are available, the options that have already passed regulatory hurdles.