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The central bank says that more effective regulation requires more regulators and better tools.
Wall Street's regulators ask for second chances and promise more effective regulation.
"Effective regulation requires an effective enforcement program".
Relying on competition, even with effective regulation, is no solution.
The answer is effective regulation, not elimination of markets.
Effective regulation is not bureaucracy – it is about saving lives.
"To be effective, regulation needs to be focused".
Effective regulation needs to control the amount of borrowing undertaken by banks and must ensure transparency.
Make no mistake: the industry favors better, smarter, more effective regulation.
It has also made the effective regulation of global finance almost impossible.
Moses, speaking at King's College London, said: "Effective regulation requires enforceable powers.
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CEO of Professional Science Editing for Scientists @ prosciediting.com