At the moment, the so-called stock markets were undeniably illegal, with no ministry regulating them and no law recognising their transactions.
They existed entirely in the shadows, yet thrived harder than many legitimate industries.
Although Riz knows it will pose him no problem by making it legal, he was not in a hurry to do so.
Legalising them would not actually be difficult. In fact, compared to many reforms, it would be remarkably simple.
The infrastructure already existed, the participants already understood pricing mechanisms, and trade volume was already enormous.
The reason is that these places have so much money, and he's unwilling to let it go.
Since the markets operated outside the law, the Crown could rightfully classify every asset within them as proceeds of illegal activity.
Gold, silver, properties and everything will fall into his hand.
