Point: Regulation is a stabilizing force
Santa Clara University behavioral finance professor Hersh Shefrin says regulation is a remedy for a host of imperfections that interfere with well-functioning markets.
Related articles
-
ArticleCounterpoint: Deregulation aids the majority
Stockton University Professor of Finance Dr. Michael Busler says regulating industry can be very costly to consumers.
-
ArticleFormer startup CEO gets 7 years in prison for $175M fraud against JPMorgan Chase
Charlie Javice, a former CEO who duped JPMorgan Chase into purchasing her start up company for $175 million, has been ordered to forfeit more than $22 million by the Department of Justice (DOJ) and to spend 7 years in jail.
-
ArticlePCAOB’s Christina Ho: How emerging technologies could improve audit quality
Emerging technologies, like artificial intelligence (AI) and advanced data analytics, can improve audit quality in significant ways. As the regulatory overseer of public-company audits, the Public Company Accounting Oversight Board (PCAOB) has a critical role to play by ensuring that its audit standards evolve as the audit profession evolves.
More from Opinion
-
OpinionEvidentiary Debt: The blind spot liability
On a gray Tuesday morning, the audit seemed routine. A stack of binders sat on the table, the compliance officer was confident, and the regulator’s tone was cordial. Then came the question that changed everything.
-
OpinionKristy Grant-Hart: Why I Chose to Be a Compliance and Ethics Officer
When people ask me why I chose to be a compliance and ethics officer, my answer is simple: because what we do changes the world.
-
OpinionCarrie Penman: Putting the “E” back in ethics and compliance
When I first stepped into this profession, my title was not “Chief Compliance Officer.” It was “Ethics Officer.” At Westinghouse, I was tasked with launching a program that, at the time, felt experimental: a global, enterprise-wide ethics initiative built not on rules, but on values. I traded in my career ...