Depoliticizing financial regulation.

From: William and Mary Law Review | Date: February 1, 2000| Author: | Copyright information

Over the past few decades, scholars have called into question the ability of regulatory agencies to function effectively in furtherance of the public interest.(1) Since midcentury, they have amassed convincing evidence that agencies can be captured through, for example, "iron triangles" between Congress, agencies and those supposedly regulated.(2) More recently, regulatory scholars have articulated various theories of regulatory conduct and used differing terminology to describe capture. Nonetheless, there is broad agreement that special interests can act within the context of ...

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