However, some observers say that the SEC may be tempted to conclude that the new breed of special-purpose vehicles being created by the likes of Goldman have been set up specifically to get around the 500-shareholder rule.
Before 2010, featurephones were still the norm in South Korea, and thanks to a rule set in early 2005, those devices required a domestic, mostly Java-based middleware called Wireless Internet Platform for Interoperability (or WIPI in short) that standardized network access to ensure fair competition between mobile companies.
The real focus should be on letting markets set relative prices, including interest rates, and adopting a monetary rule to protect the long-run value of money.