This study explains why financial services have for centuries been regulated to a greater extent than are most products that do not directly affect people's health or safety.

The authors consider whether any special circumstances justify departure from free trade in telecommunications equipment.

This studyrebuts much of the traditional rationale forregulatory restrictions and provides a list of principles of regulation that would serve as a model for global accounting practices.

In response to heightened competition, the larger insurance companies and various insurance industry groups have become interested in the concept of federal chartering and regulation.