Discussion: The Unintended Effects of Regulation

Discussion: The Unintended Effects of Regulation.This case study illustrates the challenges faced by regulatory administrative authorities—most notably, agency capture and the overall leadership of the U.S. Securities and Exchange Commission (SEC) and its employees. This case study also elucidates the convergence of management, politics, and law, and how they are often at odds.

Directions
Discussed in the Shafritz text, this case study provides considerable insight into one aspect of regulatory policy.