The Shadow Financial Regulatory Committee (SFRC) is a group of publicly recognized independent experts on the financial services industry--including banking, insurance, and securities--who meet regularly to study and critique regulatory policies affecting this sector of the economy. At the two closed sessions before the luncheon, committee members will discuss, among...

What are the costs of regulation?

The answer to the question "Why do we regulate banks?" is that we do so because we want to, not because we must.