Bank regulation

constitutional rights protect those who use the web and that is exactly what fought Stop Online Piracy Act, also known as SOPA, in 2012. Those who protested SOPA had a good reason to, it limited the freedom of speech on the web, but many bills that put regulations on the internet also reap many benefits, Currently there are less that 50 laws that have censorship components that relate to the internet. To put that in comparison, in 2012 alone, 40,000 laws were passed. That just shows how little…

Heartache over Healthcare Everyone at some point has questioned the need for government in their lives. Some people think we need more government regulations, others think we need less. Where is the line drawn for these kind of issues? Is there ever a moment when more government regulation is better? There will never be a time when we all agree, but certain issues have to be less regulated by government then others. There are many issues that one can discuss and argue should be left…

Explain what responsible service of alcohol means, what the benefits of it are, how it links with the relevant legislation (particular to a state or territory), the role of government and industry in enforcing liquor laws and how responsible service contributes to harm minimisation. Upload your paper for assessment. Responsible service of alcohol, usually shortened to RSA, is a prerequisite for any person who desires to serve alcohol in a bar, restaurant, casino, liquor store or any other…

to check and ensure proper care services are provided. Regulation of all health care here in the U.S has been under the umbrella of the Department of Health and Human Services There are various regulatory agencies that monitor these health care facilities such as Occupational Safety and Health Administration (OSHA), Centers for Medicare and Medicaid Services (CMS), Food and Drug Administration (FDA) to ensure established rules and regulations are adhered to (HCA – 460 lecture 3). The…

For many years there have been many arguments and investigations for the necessity of accounting regulations. Since the disclosure system, financial reporting and accounting practices, of this country, has shown serious signs of failing to keep up with the needs of individuals, business, investors and the economy in general. Many people have argued against the accounting regulations; however, I believed that accounting should be regulated for the numerous advantages that it can create. First I…

always been involved in the regulation of businesses and their practices. All industries throughout the country ranging from technological to industrial firms have had to change their operations in order to combat the laws set in place by congress. The complex interactions that firms and government engage in have been key to the growth of the capitalistic system that has helped the United States become successful as one of the worlds industrial powers. The regulations helped ensure that there…

global economy, they must be subject to certain regulations and standards. The amount of exposure the global economy has to capital markets makes some regulation and oversight necessary. Retail investors lean upon the capital markets and do not always have the ability or flexibility necessary to recover from the crises that appear from systemic risk. The financial crisis impacted investors all over the world and is an example of why some regulation is necessary. However, there comes a point…

Goldman Sachs, ENRON, and some others companies who disobeyed specific laws in order to better the companies own economic benefit. When we study their thought process we notice that some of the problems are rather ethical, how come even with the regulations in place do firms and people not follow the specifics.…

the control over large corporations (Cooper 6). Dodd-Frank, one of the regulations passed, was “designed to protect the American taxpayer from undue economic burdens through the need to provide financial support to banks and other budgetary intermediaries that may encounter difficulties because of poor or fraudulent investments.” (Barrell 12) When banks fail, taxpayers usually provide financial backing, so having strict regulations, such as dodd-frank, potentially make US major financial markets…

guilty of fraudulent activity, including misrepresentation of interbank borrowings as well as reporting incredulously low rates to allow the perception of financial health. Many banks were involved and colluding in these practices, therefore one can certainly conclude that the problem does not lie solely with the panel banks but the financial system and its governing regulators as well. LIBOR stands for London Interbank Offered Rate; it was intended to be a firm representation of the cost of…