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Corporate & Securities Law

: BusinessAssociationsBlog.com

Principles-based Regulation

By Stephen Bainbridge

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Bruce Carruthers: Buried within the U.S. Treasury Department’s just-released blueprint for a new financial regulatory structure is a proposal for a new approach to regulation. The report calls the regulatory status quo an “institutionally based functional system,” and as a long-term goal seeks to replace this with “objectives-based regulation.” In fact, OBR is celebrated in the...

[continued on site]

Full post as published by BusinessAssociationsBlog.com on April 02, 2008 (boomark / email).

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