Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Tuesday, March 18, 2008

Is it Time to Reform the System?

The SEC has been on the sidelines after its Friday announcement that it was keeping a close watch on Bear Stearn's financial condition, as the Fed stepped in to engineer a bailout and attempt to restore confidence in the markets.  This makes sense as only the Fed has the money to supply in a liquidity crisis.  But with the finger-pointing over who should have done what sooner may well come calls for a unified system of financial-services regulation.  WSJ, Crisis Highlights SEC's Limits.

http://lawprofessors.typepad.com/securities/2008/03/is-it-time-to-r.html

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