PMD: "Strictly Business" interpretations of a WTO rule http://citizen.typepad.com/eyesontrade/2011/04/reflections-on-meaning-of-prudential-language-in-the-wto.html

2. Domestic Regulation .(a) Notwithstanding any other provisions of the Agreement, a Member shall not be prevented from taking measures for prudential reasons, including for the protection of investors, depositors, policy holders or persons to whom a fiduciary duty is owed by a financial service supplier, or to ensure the integrity and stability of the financial system. Where such measures do not conform with the provisions of the Agreement, they shall not be used as a means of avoiding the Member’s commitments or obligations under the Agreement.

[TO SUMMERIZE,THIS AGREEMENT WICH IS ENFORCABLE THRU INTERNATIONAL WORLD TRADE COURT MEDIATION ,CAN OVERIDE LOCAL CONCERNS AND PUBLIC IMPUT,IN OTHER WORDS,IT ALLOWS MULTINATIONALS TO COME INTOA COUNTRY LIKE US FOR INSTANCE,AND PRIVATIZE PUBLIC RESOURCES AND ULTILITIES,THEN PUBLIC WILL HAVE NO WAY TO EVEN CHALLENGE IT USING STATE LAWS,BECAUSE THESE AGREEMENTS TRUMP OVER THOSE EXISTING LOCAL LAWS...A HUGE PROBLEM,MORE THEN MOST CAN EVEN IMAGINE..