The issue of transferring SP from one account to another (or of directly selling SP) is one of security. I am pretty sure the Steem whitepaper explains that one of the features of the system is that should an account get hacked (as does happen from time to time) - the owner has 1-13 weeks to discover the hack and take action before all of their SP is drained away. By allowing SP to be directly sold/traded, this entire layer of security disappears - which in turn, removes a psychological layer of trust that people need before they are going to convert large amounts of money into a format that can be viewed (and potentially hacked) by the whole world on a blockchain.
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If it were possible to transfer SP between accounts (as I mentioned in the OTC example), a stakeholder can reduce the risk of getting hacked by spreading his stake.
On the other hand, if "hack protection" is the only reason holding back the implementation of my proposal, then consider it's an even safer measurement to not put any funds in at all.
I am not saying this is the only downside, it's just the most obvious to me right now.
It is not a simple thing to assess the pros and cons of features that directly affect financial issues but also the usability issues of a social network. No matter how we look at it, if users don't have the 13 week lockout period, the security is lower.