Regulatory Clarity? Financial Watchdogs Could Not Be More Clear

What is meant by regulatory clarity? The U.S. Congress has the power to draft and pass laws that direct government agencies such as the SEC and DOJ to issue rules, supervise entities and conduct enforcement. With the assistance of court decisions and the rulemaking process, as well as agency guidance and precedent from enforcement actions, a picture comes into view of how those charged with enforcing the law and regulating the industry may act.

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