To spur on the laggards, Mr Draghi would like to treat structural reforms in a similar way to budgetary policy, creating enforcement mechanisms at a euro-zone level.There may be a case for further integration of economic policy, but Mr Draghi's linkage between structural reforms and short-term recovery is unconvincing.
Wallerstein acknowledged that having charcoal- and wood-burning rings separated by, in some cases, only a few feet could create enforcement problems.
The law created an enforcement unit at the agency and gave it the authority to assess hefty fines.
The commission has gained increasing power since a law was passed in the aftermath of the Enron scandal that created an enforcement branch at the agency with the authority to impose large fines.
That proposal would have created "an enforcement effort without identifying a funding source," Brown wrote.
If new laws are created that will make enforcement easier, that has potential".
In short, inconsistent enforcement anywhere created uncertainty about enforcement everywhere, which, in turn, undermined the willingness of companies to comply.
DealBook » As MF Global Case Grows, Agency Expands Enforcement | The Commodity Futures Trading Commission's enforcement chief, David Meister, plans to create two enforcement squads — one that will examine fraud and manipulation and the other to take aim at wrongdoing in the swaps market.
David Meister, the agency's enforcement chief, said he was creating two enforcement squads, one that will examine fraud and manipulation, and the other to take aim at wrongdoing in the swaps market, a $600 trillion industry at the center of the 2008 financial meltdown.
It would also impose criminal penalties and create other enforcement tools beyond the scope of an executive order.
