Stephen Lerner ; Rita Berlofa ; Molly McGrath ; Corey Klemmer

2018
Friedrich-Ebert-Stiftung
ISBN: 978-3-96250-041-2

Abstract: Instead of relying on legal and supervisory systems to take on the entire task of financial regulation from above, the authors argue that employees of banks and financial institutions can collectively assist regulatory efforts from below and, in doing so, build safeguards for their own jobs against the incentivization of excessive or fraudulent sales, while at the same time helping to create a more stable and sustainable global financial system.

Keyword(s): Financial Regulations ; Global Financial System ; Financial Institutions