We cant have half-assed grocery stores profiting off the old twinkies that should never have been sold in the first place.
Why not? Why not allow the consumer to decide which twinkie they want to buy? What if someone can't afford a shiny new twinkie, but they are happy to have a stale one?
I strongly object to any government telling me that I can't do something because they believe it is not good for me.
Because the grocery stores know they are doing something illegal by selling bad twinkies its only a matter of time before they get shut down. SEC's standards were put in place to protect the investors and any stock exchange service should comply if operating within its jurisdiction.
Side note: would it not be possible to create a p2p exchange program?