Regulatory Challenges
The discussion highlights the complexities of the SEC's role in protecting consumers versus maximizing total market surplus. Different interpretations of regulatory objectives raise questions about effectiveness, especially in light of recent Supreme Court cases. The importance of fostering competition and transparency in financial markets is emphasized as a pathway to achieving better outcomes for investors.In this clip
From this podcast
All Else Equal: Making Better Decisions
Ep49 “Making Regulation Work” with Jay Clayton
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