Financial Regulation

Financial Regulation


Why #OccupyWallStreet?

October 07, 2011

History Repeats Itself on Financial Reform

July 12, 2011

The History of Consumer Protection Scares

September 09, 2009

Cry Wolf Quotes

[It is a] collectivist [myth that business people] would attempt to sell unsafe food and drugs, fraudulent securities, and shoddy buildings….It is in the self-interest of every businessman to have a reputation for honest dealings and a quality product.

Alan Greenspan, writing in Ayn Rand's Objectivist newsletter.
01/01/1963 | Full Details | Law(s):

Establishment of minimum margins for banks is unfair and unnecessarily restrictive in principle.

William C. Potter, chairman of the board of Guaranty Trust Co of NY, testimony to Senate Banking Committee

No corporation director is going to risk existing resources by putting his name on financing under a law that makes him personally liable for the next ten years and adopts the unprecedented principle that he is to be judged guilty unless he can be proven innocent.

Frank Gordon, president of the Investment Bankers Association
10/31/1933 | Full Details | Law(s): Trust in Securities Act

One of the principal impediments to job creation is uncertainty on the part of American companies, large and small. We've all watched as companies have sat on a lot of capital. They're uncertain about what tax policy is going to be. They're clearly uncertain about how health care costs. They're uncertain about all the regulations on capital markets.

Thomas Donohue, President of the Chamber of Commerce

Backgrounders & Briefs

Industry Repeats Itself on Financial Reform

As the nation approaches the first anniversary of the Dodd-Frank financial reform law, opponents are claiming that the new measure is extraordinarily damaging, especially to Main Street. But industry’s alarmist rhetoric bears striking resemblance to the last time it faced sweeping new safeguards: during the New Deal reforms. The parallels between the language used both then and now are detailed in a report released today by Public Citizen and the Cry Wolf Project.


Political Economy Research Institute is a think tank focused on a variety of subjects such as diverse financial regulation, living wages and environmental protection.

Consumer Federation of America defends the consumer interest in fields ranging from housing and financial services to food safety. 

The Service Employees International Union represents workers the public sector and a variety of industries in the United States.

The National Community Reinvestment Coalition works against unfair lending and banking practices, particularly those targeted towards low and middle income families.