Chapter 9. The Regulatory Environment
by Marc Camm and Christopher Fox
"The financial crisis...is not just the result of a missing regulator, a gaping structural gap in the regulatory framework. Rather, it is rooted in the refusal of regulators, lawmakers and executive-branch officials to heed warnings about risks in the system and to use their powers to head them off." []
[] "It's the Regulations, Not the Regulator," New York Times, 18 March 2009, http://www.nytimes.com/2009/03/19/opinion/19thu1.html (accessed 1 December 2009).
The pendulum of regulation is swinging in a different direction as a result of the financial crisis that emerged during 2008. You should be prepared not only for a number of new regulations seeking to fill perceived gaps ...
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