Fifteen (Plus) Proposals for Fin Reg Reform
posted by Lawrence Cunningham
Scores of serious and thoughful proposals for financial regulation reform have been published amid the financial crisis. Following is a list with links to a selected fifteen.
In a forthcoming paper, soon to appear on SSRN, David Zaring and I provide a guide to the perplexed amid this proliferation of proposals.
In brief, we (1) caution against excessive exuberance in fashioning reform and (2) develop a framework to evaluate the contending proposals by delineating what amount to only three or four alternative approaches.
Selected Examples of the Proliferation of Proposals for Financial Regulation Reform
Official
Government Accountability Office
Group of Thirty (Paul Volcker) [here and here]
Treasury Blueprint (Henry Paulson)
Interest Groups
International Securities Exchange
New Democrat Coalition (Summary by Blank Rome)
Academic
Stephany Griffith-Jones, Columbia University
Joseph Stiglitz, Columbia University
Luigi Zingales, University of Chicago
Note: This is a selection. Scores of additional proposals abound and I am aware of several in preparation. My apologies if I left yours out. You can add your favorite to the Comments section.
Hat Tip: Obviously, David Zaring.
April 23, 2009 at 11:52 am
Posted in: Current Events
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