Comments on: The next finance: socially responsible trading networks and their alternative trading systems https://blog.p2pfoundation.net/the-next-finance-socially-responsible-trading-network-and-their-alternative-trading-systems/2009/12/27 Researching, documenting and promoting peer to peer practices Mon, 28 Dec 2009 19:02:19 +0000 hourly 1 https://wordpress.org/?v=5.5.15 By: Hazel Henderson https://blog.p2pfoundation.net/the-next-finance-socially-responsible-trading-network-and-their-alternative-trading-systems/2009/12/27/comment-page-1#comment-420440 Mon, 28 Dec 2009 19:02:19 +0000 http://blog.p2pfoundation.net/?p=6496#comment-420440 Hi Mike van Patten : As one of your former colleagues , I understand why you wanted to add a ” correction” ,so as to let people know what you are planning for the launch of your firm . But there is no need to imply that other firms are not full-service ,socially-responsible ,ATS and /or broker dealers , since many that I mention are already facilitating many
” green” and socially-responsible investments . I know, because I am such a socially-responsible ” green” investor with them ! I regret that, from all the private investors I introduced to you,it has been difficult to raise the funds for your original launch planned for January 2008. Your new website looks very nice , although I still ask you to remember my advice : not to rely so much on carbon trading and similar markets. I have always opposed them as socially-irresponsible and you now see the backlash to carbon trading , as creating just one more Wall Street ” bubble” without removing any carbon from the air. NGOs around the world have now blown the whilstle ( see The Story of Cap and Trade at http://www.EthicalMarkets.tv) We at EthicalMarkets Media (USA and Brazil) http://www.EthicalMarkets.com wish you well for the New Year.

]]> By: Michael Van Patten https://blog.p2pfoundation.net/the-next-finance-socially-responsible-trading-network-and-their-alternative-trading-systems/2009/12/27/comment-page-1#comment-420410 Sun, 27 Dec 2009 15:47:55 +0000 http://blog.p2pfoundation.net/?p=6496#comment-420410 To comment on the above and make a slight correction, Wall Street Without Walls and Entrex are not socially responsible trading platforms or broker dealers, they are service providers helping CDFI’s (WSWW) and private companies (Entrex) raise capital by structuring more effective transactions that can be resold by Broker Dealers (in the case of Entrex). There are many efforts around the world that are focusing on either the socially responsible or environmental markets, however none are ATS’, which is a classification provided by the SEC and regulated by FINRA (you must be a broker dealer to be an ATS). The only social and environmental transactions system and marketplace that exists (launching in mid February) that will be regulated as a broker dealer and an ATS is Mission Markets, http://www.missionmarkets.com.

Through its centralized electronic transactions and communications platform, Mission Markets will be supporting both capital raising and secondary trading or liquidity transactions for sectors and asset classes such as, ecosystem services, sustainable fisheries, carbon markets, CDFIs, Slow Money Movement, environmental credits, intrastate stock offerings, private debt and equity transfers, Farm COOP Shares, and fisheries Catch Shares.

By connecting both buyers and sellers of these products, providing portfolio management tools, metrics and data, Mission Markets hopes to effectively scale impact investing and help make it a viable asset class.

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