In short, the Bill seeks enactment of a significant set of reforms that would significantly alter many facets of Ponzi jurisprudence, including the determination of customer losses, definition of a customer, and the ability to seek the clawback of avoidance transfers. While it is not yet clear as to whether all of the above-referenced reforms will actually be included in a final and enacted bill, a more extensive discourse regarding these changes is essential. According to www.govtrack.us, which tracks legislation, the Bill has currently been referred to committee, and has been given a 33% chance of getting past committee and a 5% chance of ever being enacted….
via Proposed Ponzi Legislation Seeks Sweeping and Controversial Reforms — Ponzitracker
