Financial regulation today is largely framed by traditional business categories. The financial markets, however, have … problems addressed by (but now beyond the reach of) current regulation, and the rise of new problems that reflect change in how … financial regulation, in light of recent changes in the financial system, and offer a tentative way forward to address gaps in …

.S. financial regulation: (i) enactment is invariably crisis driven, adopted at a time when there is a paucity of information … Law” of U.S. financial regulation. The ensuing one-way regulatory ratchet generated by repeated financial crises has … experimentation to financial regulation. The use of those techniques, properly implemented, advances means-ends rationality, by better …

appropriate contours of regulatory perimeters as well as the structure of regulation and supervision in the many area of financial … regulation. Fintech innovations also have the potential to be harnessed to serve public purposes, including expanding access to …

benefits. Contrary to claims in the literature that “equity is expensive” and that regulation requiring more equity in the … funding mix entails costs to society, such regulation actually helps create useful commitment for banks to avoid the … inefficiently high borrowing that comes under laissez-faire. Effective regulation is beneficial even without considering systemic …

. Contrary to claims in the literature that "equity is expensive" and that regulation requiring more equity in the funding mix … entails costs to society, such regulation actually helps create useful commitment for banks to avoid the inefficiently high … borrowing that comes under laissez-faire. Effective regulation is beneficial even without considering systemic risk; if such …

shareholders but is socially excessive.Third, we develop a case for using regulation of banks' executive pay as an important … element of financial regulation. We provide a normative foundation for such pay regulation, analyze how regulators should … monitor and regulate bankers' pay, and show how pay regulation can complement and reinforce the traditional forms of financial …

Atlantic. We show that the regulation of bankers' pay is presently more detailed and less flexible in Europe than in the US …