, hedge fund regulation, and then picks up on the theme of regulatory arbitrage to discuss a broader reform issue regarding … regulatory reforms under a common theme of minimizing “regulatory arbitrage.” The comment focuses on one of their proposals …. Accordingly, regulatory arbitrage, a byproduct of regulatory diversity, provides a valuable, and little appreciated, hedge against …

). It proposes an avenue for regulators to keep regulatory arbitrage under control and preserve sufficient space for … proverbial race between hare and hedgehog in financial regulation and demonstrate how such an approach can be implemented in … proposes to apply regulatory burdens equivalent to prudential banking regulation if the respective transactional structures …

to accomplish this task. Until the 1980s, regulation had been based largely on discretion and judgment. In the wake of … represented a synthesis of the dueling approaches to capital regulation, however some argued that the new standards led to an … explosion in the complexity of financial regulation. This case explores the history of the efforts to regulate bank capital that …

gaps or deficiencies in the regulation of broker-dealers and investment advisers. These firms often perform similar …

unlikely to switch to a branch model. Even though host country supervisors do not lose all responsibility for the regulation …