Business and Finance

Financial Market Regulation

REUTERS/Carlo Allegri - The exterior of the New York Stock Exchange is pictured with the American national flag, in New York.

Opinion

Financial Reform Progress: Cause for Considerable Celebration and Some Concern

December 17, 2014, Martin Neil Baily and Douglas J. Elliott

While the financial sector is safer than it was at the time of the crisis, our regulatory system is still fragmented, reducing its effectiveness, say Martin Baily and Doug Elliott. The next two years may bring incremental improvements, but everything will be up for grabs in 2016.

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