Trading Institutions
The Hollywood Reserve Bank
® (HRB) regulates the Hollywood Stock Exchange
®, much in the same way the Federal Reserve Bank regulates the U.S. markets. Working through monetary policy tools such as interest rates and money supply, the HRB helps steer the HSX economy.
The Hollywood Securities and Exchange Commission (HSEC) is a regulatory body that ensures that Exchange policies are being adhered to and not being violated. HSEC monitors trading activity and will impose heavy fines and/or trading restrictions on traders who make use of market manipulation for any purpose.
1st offense: a fine of 25% of Portfolio Value and banned from trading for 15 days.
2nd offense: a fine of 50% of Portfolio Value and banned from trading for 30 days.
3rd offense: the confiscation of the Account Portfolio by the Hollywood Securities and Exchange Commission (HSEC).
The determinations of whether conduct constitutes manipulation will be at the sole discretion of HSX. All decisions are final.
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