Alternative priorities and government ties to the conditions that caused the financial crisis could explain the lack of prosecutions.
The DOJ has excused the failure to prosecute high-level individuals for fraud on one or more of three grounds.
If the Great Recession was caused by fraud, the failure to prosecute those responsible is an egregious failure.
The Regulatory Review features the remarks of Judge Jed S. Rakoff, delivered at the Institute for Law and Economics’s Distinguished Jurist Lecture.
U.S. and U.K. regulators stress progress on cross-border agreements.
Cost-benefit analysis assumes an increasingly prominent role in financial rulemaking.
External committee offers recommendations to enhance OCC supervision of financial institutions.
Consumer Financial Protection Bureau seek to assert rulemaking powers to oversee debt collectors.
Digital currencies encounter an uncertain regulatory landscape as they enter the mainstream.
Agency offers institutions guidance on financial regulation compliance.
In a lecture at Penn, Sheila Bair offers reforms for U.S. financial system.
Effective evaluation helps to guard against regulatory capture.