What price regulatory compliance?

These days it seems that financial institutions cannot avoid an ever-growing list of regulations. Of course, dealing with regulations is nothing new for the industry. After all, investors and depositors have to be protected from unscrupulous individuals and institutions. However, the situation has worsened since the stock market crash of 2001, when most of the oversight institutions were themselves found to be less than perfect. As a result, a number of new regulations have been

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