Changing times: key issues for securities regulation and compliance

Abstract

In the midst of one of the most challenging periods in decades, the securities industry is relearning the meaning of the ancient Chinese curse – “may you live in interesting times”. The end of the 90’s bull market, September 11th and corporate wrongdoing have given rise to new rules and far‐reaching new statutes. At the same time, technological change and global consolidation of markets and regulations also continue to drive change, as they did throughout the 1990s. The authors highlight some of the crucial regulatory and legislative developments that will have significant consequences for the securities industry. Legislative proposals in response to the recent corporate scandals, analyst independence, anti‐money laundering rules, and the effectiveness of the Gramm‐Leach‐Bliley Act are among the issues examined.

Citation

Sorcher, A.E. and Kramer, G.R. (2002), "Changing times: key issues for securities regulation and compliance", Journal of Investment Compliance, Vol. 3 No. 1, pp. 5-26. https://doi.org/10.1108/joic.2002.3.1.5