Interview – Transparency in the Financial Sector: Cloudy Days Ahead? – The Minute | 3BL Media
- Since 2008, many rules and laws have been put in place throughout the financial sector to prevent another global economic meltdown. The trend has been to increase transparency through more—and tougher—regulation. From stress tests for banks to the Dodd-Frank bill’s provisions to control financial risk, from new rules about fiduciary duties by investment advisors to requirements for large global banks to hold more capital, the global financial system has been pointed to more open practices.
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