Regulatory reform may not be enough to prevent second crisis


Recent regulatory reform will not be sufficient to prevent a future financial crisis, according to a study completed by risk consultancy Protiviti. The report is based on a survey of chief executives, chief operations officers, chief financial officers, heads of compliance and other industry executives from the UK and the US as part of a series looking at financial reform. According to the study, 97% of those asked were "pessimistic about the effectiveness of the measures taken by legislators