The philosophy behind Frank-Dodd is to minimize the risk to the taxpayer of trade in these instruments, but this is to be balanced against the needs of the industry. Arguably, however, there is no particular need for synthetic CDOs, so tight regulation that restricts their manufacture and use should be sufficient. The Frank-Dodd Act imposes significant regulatory burden on synthetic CDOs and the use of credit default swaps to create

However, the act only applied to larger towns and the rural districts were still left under the administrative control of the Justices of the Peace until the establishment of elected county councils in 1888. Even though it was quite inadequate for the immediate needs of the common peoples of England, this act made it possible for main urban areas to form their own powerful authority, subject to popular control,

SEC that features a short background on what the SEC is and when it was formed. It has interview questions and responses and a mini literature review to provide context from which to examine and recommend steps for the SEC to maintain control of major banks to avoid the Global Financial Crisis that happened in 2008. The Great Depression and the turmoil that 1929 brought to the United States contributed

Economic Crisis The recession of 2008-2009 and the subsequent government responses provides a good test for economic theories. There are no controlled experiments in economics, so we can only work with case studies in order to understand how economies work. A good starting point is to consider the issue through multiple different lenses, so that we can understand how the crisis occurred and what prescriptions might be best suited for response

Ethical Imperatives for Rational Paternalism in Advisor-Client RelationshipsInstructions:2/ Here is the one issue that I still don�t have clarity on: what is your operational definition of rational paternalism for the purposes of your study? Here are some of the statements I found:�For this study, rational paternalism refers to the dynamic in advisor-client relationships where the advisor aims to balance guiding the client toward optimal decisions while respecting the client\\\'s autonomy

Ethical Imperatives for Rational Paternalism in Advisor-Client RelationshipsDissertation ProposalAbstractThis study seeks to understand the role of ethics and rational paternalism in the practice of financial advising. A significant amount of research examines the effects of rational paternalism on the governmental and institutional levels. Very little research has addressed the issues associated with rational paternalistic behavior by advisors toward their clients. Fortinelle (2016) focuses on advisors\\\' ethics and moral responsibilities, underscoring