Regulators double down

Regulators double down


Despite the difficulty we all experience dealing with complexity – especially new and untested forms of complexity – most of us feel the benefits far outweigh the costs. Sometimes, however, complexity can outrun the safeguards designed to limit its adverse side-effects. In such instances, the unintended negative consequences can be dramatic. In one sense, the painful financial and economic upheaval of the past three years can be traced to unbridled complexity outrunning the ability of both

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