Written from the perspective of a sitting securities regulator (Commissioner at Consob) during the 2007-2009 financial crisis, the essay reflects on how financial regulators responded to the crisis and on the upcoming reregulation of financial markets. It cautions against hasty, politically driven rule-making and argues for a measured approach to reform.
Regulators' response to the current crisis and the upcoming reregulation of financial markets: One reluctant regulator's view
Enriques L.
2009
Abstract
Written from the perspective of a sitting securities regulator (Commissioner at Consob) during the 2007-2009 financial crisis, the essay reflects on how financial regulators responded to the crisis and on the upcoming reregulation of financial markets. It cautions against hasty, politically driven rule-making and argues for a measured approach to reform.
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