In the short-term, many desiring to invest in social media may continue to play it safer in private exchanges such as SharesPost.
The regulator is asking for information from Facebook, and other social networking sites including LinkedIn, Zynga and Twitter, about the sale of its shares on private exchanges.
Renert says Tello works with products from Cisco Systems and Avaya, makers of traditional private branch exchanges (PBXs), plus Digium, an open-source PBX software company.
Using Tello's gear, the company says, an office in, say, Denver can talk and work on documents with colleagues, partners or customers in New York or New Delhi via phone, private phone exchanges, instant message, BlackBerry, cellular and other networks.
With stocks trading low, several company founders raised enough private equity finance to take their companies off US exchanges and private again.
Many of the Facebook shares are being sold by former employees in deals arranged on private-stock exchanges like SecondMarket and SharesPost, which match buyers and sellers.
But even states that appear to be gaining jobs on balance need to remember that these benefits are gained at the expense of poorer health among the near-poor who will be forced away from private coverage through exchanges onto the rolls of Medicaid.
Uninsured Americans who get private insurance in the exchanges are going to pay even more.
Stock prices for health insurers declined in the aftermath of the Supreme Court ruling because by giving states more flexibility regarding the Medicaid expansion, three million more people than originally projected will be covered by private insurers in the exchanges.
Blackstone, however, has been able to list some of its private equity holdings on stock exchanges in recent months.
Since listing their equity interests on stock exchanges, these private equity firms have had to become responsive to this new constituency.
FORBES: Private Equity Turns its Eyes towards Underwriting Fees
The market for these products is growing rapidly, both on futures and options exchanges and in private sales, which tend to be more complex and more lucrative.
When government is limited and the expenditures are on vital services, such as providing a legal system, local police forces, a sound currency, safe highways, the common defense and other services that secure our life, liberty and property, these expenditures increase the opportunity for voluntary exchanges in the private sector, and the economy grows.
The old exchanges with the brightest futures may be those which abandon their mutual structure of ownership and become private companies, as the Milan and Sydney exchanges have done.
And now, everyone above the poverty line will gain access to higher-quality, private-sector coverage on the exchanges.
The ACA tries to increase access to health insurance through a bewildering combination of Medicaid expansions, private insurance subsidies, health insurance exchanges, and the infamous health insurance mandate.
Seniors would be able to buy affordable private coverage through the same sort of exchanges as tens of millions of working people.
FORBES: The Deal Dems And GOP Could Strike On Medicare And Health Reform
Past Facebook transactions have occurred through private equity deals or have traded on exchanges like SecondMarket, which specialize in unregistered, hard-to-trade securities.
FORBES: How Will Newark Turn Zuckerberg's $100 Million Worth Of Facebook Shares Into Cash?
The law clearly allows those in the latter group to obtain very generously subsidized private health insurance coverage through the new exchanges, but not the former.
As it happens, the first three elements are exactly the model of the ACA. The law includes insurance exchanges, a requirement that private insurers make coverage available to everyone regardless of health status, and the obligation that everyone have at least basic coverage.
FORBES: The Deal Dems And GOP Could Strike On Medicare And Health Reform
His strategy is to give soft loans and education exchanges, and then push for private corporate investment.
Increased coordination would be required among the private- and public-sector supervisors of exchanges and other financial markets to keep up to date with evolving practices and products and to try to identify those which may pose risks outside the purview of each individual regulator.
It has extended its trading hours to match other exchanges, and it recently began allowing private investors to trade continuously in tiny packets of shares.
What will be important to watch is whether private insurance companies will actually sell coverage via the exchanges and whether the new business they gain will be a boon to their bottom line.
FORBES: Whew! Justice Roberts' Decision Means Focus Can Now Turn to Real Health Care Dilemma
India has created vibrant and flourishing stock exchanges, vital to the formation of the private equity and venture capital that fund startups.
The cost-shifting trend is expected to continue as employers wrestle with the uncertainty that lies ahead with the implementation of the Affordable Care Act, which will expand health benefits to millions of uninsured Americans via an expanded Medicaid program for the poor or through online exchanges where uninsured will buy government-subsidized private coverage.
Wells' five-year-old investment pool is in the vanguard of a new trend, "private REITs, " whose shares aren't traded on exchanges.
This ETF holds sixty different private equity companies that trade on both the US and global exchanges and yields almost 3%.
Without these key components, the faux-exchanges will not provide real competition, or bring real private-sector efficiencies to the Medicaid program.
FORBES: Should Arkansas Take the Obamacare Medicaid Deal? Probably Not
One subtle point needs to be made: Large employers in the private sector are not required to put their employees onto the Obamacare exchanges.
应用推荐