The drama of financial regulatory reform is playing out very much how the industry wants it to,...

|By:, SA News Editor

The drama of financial regulatory reform is playing out very much how the industry wants it to, writes Yves Smith, in part because of the power of the financial sector lobby and in part because lawmakers started clamoring for reform before launching any meaningful investigations. It's time to find some real solutions to "the complexity and opacity" created by the financial sector.