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"An industry that's regulated doesn't love the regulator unless the regulator isn't doing much," said Arthur A. Levin, the longtime director of the Center for Medical Consumers, a nonprofit advocacy organization, who admired Mr. Sheehan.
"For them, investing in a company that's regulated like us, a financial company, isn't an unknown.
Any industry that's regulated in Washington ceases to be fast-evolving, whatever its potential.
Unit Investment Trust (UIT): The second type of ETF that's regulated under the Investment Company Act of 1940 is one that is structured as a UIT, although it is not technically a mutual fund.
They own a broker dealer that's regulated, but Lehman Holding is regulated the same way that Tyco is regulated, the same way Worldcom is regulated they file reports that go into a big library called the SEC, and you have a bunch of librarians going there.
"Imagine, I'm left-wing, [and the bank is] about having a common fund that's regulated by prisoners and officials.
Similar(51)
Companies that are regulated do not like regulations because they tend to slow down product development and raise costs.
The NHTSA only tests for crash protections that are regulated.
Some major foundation donors are corporations that are regulated by the U.S. government.
The Treasury has said life insurers must be affiliated with banks or thrifts that are regulated at the federal level.
It has done this by buying what it knows best -- companies that are regulated by the government.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com