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Tag Archives: banking industry
Big bank regulators at risk of influence?
“Regulatory capture”—when regulators act in the interest of the industry they’re regulating, rather than the public good—is a big concern, especially when it comes to big banks. Today’s WatchBlog explores how it happens and what regulators can do to protect … Continue reading
Posted in Business Regulation and Consumer Protection, Financial Markets and Institutions
Tagged banking industry, banks, big banks, FMCI, independence, internal controls, Michael Clements, OCC, office of the comptroller of the currency, regulatory, regulatory capture, revolving door
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