Calls Grow for Foreigners to Have a Say on U.S. Market Rules, By HEATHER TIMMONS and KATRIN BENNHOLD, New York Times, August 29, 2007
Yowza!
And yet you just knew this would happen. We love to experiment on the margins of rules, but the rest of the world is far less comfortable.
We have real financial markets, while the rest of the world has mostly banks for venture capital, so a rule set is needed to bridge that capabilities gap.
(Thanks: FH)
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Comments (1)
Think Lawfare. Think Regulatory Warfare.
Posted by purpleslog | August 31, 2007 1:16 PM