Let’s talk about global financial meltdowns and economic disaster. We have some fresh thinking on that subject.
Last week the International Organization of Securities Commissions published its annual survey of securities markets risks, which takes a look at what’s on the mind of securities regulators around the world. In theory, IOSCO members (the Securities and Exchange Commission among them) can use this survey to coordinate their regulation of the financial markets. We participants in the financial markets, meanwhile, can use the report to get a sense of where financial risk might be lurking these days, and of which weaknesses in the capital markets regulators might want to tackle next.
