MFDF - Mutual Fund Directors Forum - SEC’s Chief Economist Sees Danger in Overregulating test

Member Login



Request an account

Sample Banner 2

SEC’s Chief Economist Sees Danger in Overregulating

The SEC’s chief economist, Mark Flannery, suggested in recent remarks that by taking a narrow view and regulating the risk out of banking, regulators may have made the economy as a whole less safe, according to the Wall Street Journal. Flannery argued that such action has pushed the risk from banks to the “shadow banking” system, and as a result, regulators now feel pushed to further action. However, regulating shadow banks means “there may be less room for further evasion (of regulations), but there is also less room for innovation.” Instead of charging ahead, he suggested that policy makers should consider “which regulation is going to be effective for the society and the economy as opposed for the immediate regulated entities.”

 

 
  • All
  • Accounting and Audit
  • Advisory Contracts
  • Board Governance
  • Board Governance: Board Leadership
  • Board Governance: Compensation
  • Board Governance: Oversight of CCO
  • Board Governance: D&O Insurance
  • Board Governance: Self-Evaluation
  • Closed-end Funds
  • ETFs
  • Other Oversight
  • Other Oversight: Alternative Investments and Derivatives
  • Other Oversight: Custody
  • Other Oversight: Fixed Income funds
  • Other Oversight: Distribution
  • Other Oversight: Portfolio Trading
  • Other Oversight: Proxy Voting
  • Other Oversight: Securities Lending
  • Legislative News
  • Money Market Funds
  • Reference
  • Regulatory News
  • Risk
  • Shareholder Disclosure
  • Valuation
  • Webinars
  • Aaron New Tag

SHOWING 0 TO 0 OF 0 ENTRIES (FILTERED FROM 0 TOTAL ENTRIES)