Join our mailing list!

Official PayPal Seal

(Your shopping cart is empty)

  Home > Diane Publishing Books >

Financial Regulation: Recent Crisis Reaffirms the Need to Overhaul the U.S. Regulatory System: Congressional Testimony
Financial Regulation: Recent Crisis Reaffirms the

Our Price: $15.00
By Richard J. Hillman (au)
Year: 2009
Pages: 25
Binding Paperback

Product Code: 1437923399

Discusses issues relating to efforts to reform the regulatory structure of the financial system. In the midst of the worst economic crisis affecting financial markets globally in more than 75 years, fed. officials have taken unprecedented steps to stem the unraveling of the financial services sector. While these actions aimed to provide relief in the short term, the severity of the crisis has shown clearly that in the long term, the current U.S. financial regulatory system was in need of significant reform. GAO’s Jan. 2009 report presented a framework for evaluating proposals to modernize the U.S. financial regulatory system, and work GAO  has conducted since that report further underscores the urgent need for changes in the system. Given the importance of the U.S. financial sector to the domestic and international economies, in January 2009, GAO also added modernization of its outdated regulatory system as a new area to their list of high-risk areas of government operations because of the fragmented and outdated regulatory structure. This testimony discusses (1) how regulation has evolved and recent work that further illustrates the significant limitations and gaps in the existing regulatory system, (2) the experiences of countries with other types of varying regulatory structures during the financial crisis, and (3) how certain aspects of proposals would reform the U.S. regulatory system. Table.

Share your knowledge of this product with other customers... Be the first to write a review
Diane Publishing Co
PO Box 617
Darby, PA 19023-0617
 About Us
 Become an Affiliate
 Privacy Policy
 Send Us Feedback
Company Info | Advertising | Product Index | Category Index | Help | Terms of Use
Copyright � 2004 Diane Publishing Company. All Rights Reserved.
Built with Volusion