Financial 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…

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…

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…

legislature was a response to the financial crisis of 2008. The Dodd-Frank Act at the time of passing consisted of 2,307 pages, 16 titles and 540 sections of law. This piece of legislation was named after Senator Christopher J. Dodd and Representative Barney Frank who had endorsed this act. This legislature created two separate entities which are the FSOC and the CFPB. The FSOC’s, or the Financial Stability Oversight Council, main purpose was to monitor the financial stability of major…

Background The federal government’s role in regulation is to protect consumers and the market. There is an ongoing debate on whether the federal government should regulate the insurance industry due to the bailouts stemming from the financial crisis of 2008. Currently, state governments regulate the insurance industry. Proponents of federal regulation argue that states are inefficient in the duty of insurance regulation. Additionally, the federal government has economies of scale and may offer…

social and environmental issues in their business transactions, operations and how they interact with stakeholders. If one were looking to review both concepts, one would simply read a company’s corporate mission and value statement. Lincoln Financial Group (LFG) is a company that proudly boasts their core values for review by shareholders and stakeholders alike. This paper will provide an in-depth review of both concepts…

Overall, the solution to this problem isn’t a matter of more regulation, instead we need better regulation. Unnecessary red tape actually benefits the “too big to fail banks” because the smaller banks can’t keep up the new rules. With that in mind, we need the proper leadership to enforce the laws that are on the books. For instance, the Justice Department received an abysmal average of 72 referrals a year from bank regulators for potential criminal charges for the period of 2006 through 2010.…

During the year 2008, US faced its most severe financial crisis since the Great Depression. The federal funds rate, and interest rates in general, were at historic lows, unemployment shot up, decline in savings, U.S subprime markets or loans granted to individuals with poor credit histories, helped the US economic system crash. (Battilossi 14) The extremely low mortgage rates were really important, because they motivated people to rush to buy real estate. Even people who ordinarily would never…

Regulation needs to occur in regards to innovative technology but also trade technology specifically. Trade has moved on with the advancement of technology to make trade easier. To stay in the past with our current policies would be nonsensical. If companies and their methods are advancing, the rules of the game must also advance with them. The policies and regulations from the CFTC “…have stayed pretty much the same. Most of the CFTC’s rules were written for 20th century analog markets”…