'Revolving door' in full swing at top regulators
Research by OpRisk shows the extent of the 'revolving door' – senior managers moving from the finance industry to the regulators and back again, prompting serious questions about regulatory independence
Almost three-quarters of senior officials at some financial regulators later take jobs in the industry they oversee, highlighting the scale of the 'revolving door' between industry and oversight, and raising fears of regulatory capture.
According to research by Risk.net, at the US Securities and Exchange Commission (SEC) 72% of senior officials have moved into the private sector after leaving a
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