CFTC Chairman Tarbertâs Tract On Self-Regulation To Be Published By Northwestern University - Excerpts From Forthcoming Article In The Northwestern Journal Of International Law And Business: âSelf-Regulation In The Derivatives Markets: Stability Through Cooperationâ
Date
19/01/2021
“Debates about the ideal form of regulation often pose a false dichotomy, sorting regulatory efforts into two seemingly oppositional categories: governmental or private. But this division offers an overly simple account of the regulatory structures that define modern administrative law. Instead, sound regulation is, more often than not, the result of collaboration between traditional governmental functions and self-regulatory measures performed by private actors. Far from being at odds with each other, government and the private sector often work together to produce regulatory solutions that balance effective oversight with the flexibility needed to adapt to changing circumstances …