U.S. regulators approve the Long-Term Stock Exchange

Re:U.S. regulators approve the Long-Term Stock Exchange by bk8335 on Saturday May 11, 2019 @09:56AM (#19886171)

I couldn't see it in the reuters article so apologies if this is no longer relevant. Is the plan still to give different number of votes depending on how long the shares have been held? If so, wouldn't selling your shares you've held for a long time destroy value i.e. by resetting the votes to zero? Also, if different shares have different values, would they each have different prices, or would the listed price be some weighted average?

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Re:U.S. regulators approve the Long-Term Stock Exchange by eries on Saturday May 11, 2019 @10:41AM (#19886412)

I can’t share our future plans until we file with the regulators. It won’t be exactly the same as what we filed and won staff approval for last year, but that filing can give you some sense of how possible rules could work: https://www.sec.gov/rules/sro/iex/2018/34-82948.pdf

Note that this particular system does not have either of the problems you raise as questions

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