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I would be interested in your take on the following quote from the FAQ on LL's post about the banks:

/quote
Are any other inworld businesses, such as stock exchanges, covered by this policy?

As of today, this policy is generally focused on objects and schemes that involve real-time transfers of L$ and payment of interest or rates of return. Exchanges may or may not do this, so they may or may not be covered. In addition, we reserve the right to remove any objects and take action against any Residents who are violating U.S. or other laws. If you are unsure whether a business you’re operating abides by applicable laws (e.g., banking, securities laws), you should get a formal legal opinion, from a personal lawyer acting on your behalf.

/end quote

In my opinion, exchanges should still be ok, provided they do not offer interest on uninvested funds, which I believe most will stop immediately.

The exchange in SL has served as good launching pad for many businesses. Many of those businesses have been fraudlent but many are legit and are working on exciting stuff for SL. So if the exchanges are banned, what about the companies that were listed on the exchanges. There will still have to be some instrument for the companies to payoff their investors.

It can be argued that dividends are not interest, however they are a return on investment from profit taking. Is LL lumping interest and dividends together? They seem to with their blanket statement about "rates of return on investment", but it is unclear as most LL statements are when it comes to this sort of thing.

Anyway, I would be interested in your opinion on this. btw, I am not refering to WSE, I am speaking of the legitamate exchanges. :)