The Robin Hood group in the USA is now angling a FTT for "student debt relief". They're spamming a petition around and are gathering signatures to send to congress. Stay vigilant & jump on the comment sections in the press stories that are coming.
"By the time the instruments end up at a clearing house, the FTT will amount to as much as 10 basis points, meaning the FTT could be bigger than the bid-offer spread. The FTT will kill the market. Politicians don't really understand what they are getting into. " http://investmenteurope.net/investm...ember-state-fears-that-ftt-will-hurt-clearing
FTT would 'close down' securities lending market http://media.efinancialnews.com/story/2013-06-04/ftt-securities-lending-isla-esma-short-selling
Osborne Says Transaction Tax Unlawfully Extraterritorial http://www.bloomberg.com/news/2013-...nsaction-tax-unlawfully-extraterritorial.html