June 2012: Preventing Regulatory Capture Editors Contribute to ICFR Report

In June, the International Centre for Financial Regulation (ICFR), a non-profit and non-partisan research organization based in London, published a report: “The Making of Good Financial Regulation: Toward a Policy Response to Regulatory Capture.” Recognizing the import of the Tobin Project’s forthcoming work on the issue, the ICFR asked the editors of Preventing Regulatory Capture: Special Interest Influence and How to Limit It to contribute an essay to the report. In the essay, co-editors Daniel Carpenter (Harvard, Government), David Moss (Harvard Business School), and co-author Melanie Wachtell Stinnett (Director of Policy & Communications, Tobin Project) distill lessons from a range of case studies in the Tobin Project’s forthcoming volume, articulating how regulators in the financial-services industry might build on methods that regulators in other industries have employed to mitigate capture.

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