Confirm, amend or strike M1 — that normative content enters the market as obligations (credal constraints on priced sentences) and as values (securities traded directly).
queued · open · DECISIONS.md line 255
- Confirm, amend or strike M1 — that normative content enters the market as obligations (credal constraints on priced sentences) and as values (securities traded directly). Landed 2026-10-20 from the 2026-08-23 conversation so the warrant-enforcement-semantics round could cite it; the round's Part B finds that in the market's own accounting the two forms coincide for a never-settled sentence (a constraint on a priced sentence is a standing position in that security). Turns on: whether the maintainer intends a distinction the pinned substrate cannot express — a security assessed on nothing — or the two forms are one object seen from the row side and the account side.
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