the Rules

In This Chapter
? Getting an understanding for the goals of financial regulation
? Finding out how the rules have evolved through time
? Coming to terms with the common rules imposed on investment banks
? Seeing how investment banking regulation changed after the recent financial cr
isis
? Finding out about the rules on investment analysts
? Finding out why rethe Rules
In This Chapter
? Getting an understanding for the goals of financial regulation
? Finding out how the rules have evolved through time
? Comithe Rules
In This Chapter
? Getting an understanding for the goals of financial regulation
? Finding out how the rules have evolved through time
? Coming to terms with the common rules imposed on investment banks
? Seeing how investment banking regulation changed after the recent financial cr
isis
? Finding out about the rules on investment analysts
? Finding out why regulation may be ineffective
S
ome people would say investment banking is a highly regulated industry,
while others would contend that it isn t regulated nearly enough
and more government oversight is warranted. The recent financial crisis
of 2007 and 2008 has refocused debate on the role of regulation and the
perceived failure of oversight to prevent the near meltdown of the financial
system and subsequent global recession. Trying to strike the proper balance
between free market forces and the protection of investors is a difficult task
that lawmakers have wrestled with through time. In this chapter, we will fill
you in on the current state of financial regulation and how we got to where
we are.
The History of Regulation of
Investment Banking
As is the case with most industries, the regulation of the investment banking
industry has evolved through time. Unlike most fields, however, major
changes in legislation have come in clusters and have been precipitated by
seminal crises in the markets.ng to terms with the common rules imposed on inves
tment banks
? Seeing how investment banking regulation changed after the recent financial cr
isis
? Finding out about the rules on investment analysts
? Finding out why regulation may be ineffective
S
ome people would say investment banking is a highly regulated industry,
while others would contend that it isn t regulated nearly enough
and more government oversight is warranted. The recent financial crisis
of 2007 and 2008 has refocused debate on the role of regulation and the
perceived failure of oversight to prevent the near meltdown of the financial
system and subsequent global recession. Trying to strike the proper balance
between free market forces and the protection of investors is a difficult task
that lawmakers have wrestled with through time. In this chapter, we will fill
you in on the current state of financial regulation and how we got to where
we are.
The History of Regulation of
Investment Banking
As is the case with most industries, the regulation of the investment banking
industry has evolved through time. Unlike most fields, however, major
changes in legislation have come in clusters and have been precipitated by
seminal crises in the markets.gulation may be ineffective

S
ome people would say investment banking is a highly regulated industry,
while others would cthe Rules
In This Chapter
? Getting an understanding for the goals of financial regulation
? Finding out how the rules have evolved through time
? Coming to terms with the common rules imposed on investment banks
? Seeing how investment banking regulation changed after the recent financial cr
isis
? Finding out about the rules on investment analysts
? Finding out why regulation may be ineffective
S
ome people would say investment banking is a highly regulated industry,
while others would contend that it isn t regulated nearly enough
and more government oversight is warranted. The recent financial crisis
of 2007 and 2008 has refocused debate on the role of regulation and the
perceived failure of oversight to prevent the near meltdown of the financial
system and subsequent global recession. Trying to strike the proper balance
between free market forces and the protection of investors is a difficult task
that lawmakers have wrestled with through time. In this chapter, we will fill
you in on the current state of financial regulation and how we got to where
we are.
The History of Regulation of
Investment Banking
As is the case with most industries, the regulation of the investment banking
industry has evolved through time. Unlike most fields, however, major
changes in legislation have come in clusters and have been precipitated by
seminal crises in the markets.ontend that it isn t regulated nearly enough
and more government oversight is warranted. The recent financial crisis
of 2007 and 2008 has rthe Rules
In This Chapter
? Getting an understanding for the goals of financial regulation
? Finding out how the rules have evolved through time
? Coming to terms withthe Rules
In This Chapter
? Getting an understanding for the goals of financial regulation
? Finding out how the rules have evolved through time
? Coming to terms with the common rules imposed on investment banks
? Seeing how investment banking regulation changed after the recent financial cr
isis
? Finding out about the rules on investment analysts
? Finding out why regulation may be ineffective
S
ome people would say investment banking is a highly regulated industry,
while others would contend that it isn t regulated nearly enough
and more government oversight is warranted. The recent financial crisis
of 2007 and 2008 has refocused debate on the role of regulation and the
perceived failure of oversight to prevent the near meltdown of the financial
system and subsequent global recession. Trying to strike the proper balance
between free market forces and the protection of investors is a difficult task
that lawmakers have wrestled with through time. In this chapter, we will fill
you in on the current state of financial regulation and how we got to where
we are.
The History of Regulation of
Investment Banking
As is the case with most industries, the regulation of the investment banking
industry has evolved through time. Unlike most fields, however, major
changes in legislation have come in clusters and have been precipitated by
seminal crises in the markets. the common rules imposed on investment banks
? Seeing how investment banking regulation changed after the recent financial cr

isis
? Finding out about the rules on investment analysts
? Finding out why regulation may be ineffective
S
ome people would say investment banking is a highly regulated industry,
while others would contend that it isn t regulated nearly enough
and more government oversight is warranted. The recent financial crisis
of 2007 and 2008 has refocused debate on the role of regulation and the
perceived failure of oversight to prevent the near meltdown of the financial
system and subsequent global recession. Trying to strike the proper balance
between free market forces and the protection of investors is a difficult task
that lawmakers have wrestled with through time. In this chapter, we will fill
you in on the current state of financial regulation and how we got to where
we are.
The History of Regulation of
Investment Banking
As is the case with most industries, the regulation of the investment banking
industry has evolved through time. Unlike most fields, however, major
changes in legislation have come in clusters and have been precipitated by
seminal crises in the markets.efocused debate on the role of regulation and the
perceived failure of oversight to prevent the near meltdown of the financial
system and subsequent global recession. Trying to strike the proper balance
between free market forces and the protection of investors is a difficult task
that lawmakers have wrestled with through time. In this chapter, we will fill
you in on the current state of financial regulation and how we got to where
we are.
The History of Regulation of
Investment Banking
As is the case with most industries, the regulation of the investment banking
industry has evolved through time. Unlike most fields, however, major
changes in legislation have come in clusters and have been precipitated by
seminal crises in the markets.