What will deregulation and globalization of financial markets mean for the future of US financial regulation? This book argues that the uniqueness of US regulation derives from its success in promoting four principles of competitive fairness that US players demand from financial markets. The peculiar US notion of a 'level playing field' provides a novel approach to understanding the evolution of US regulation, including recent reform, and to predicting US attitudes toward questions of global financial market supervision.
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HELEN A. GARTEN is a Professor of Law teaching at Rutgers University in Newark. She writes extensively on US financial regulatory issues, including bank safety and soundness and regulatory reform. Her past work includes Why Bank Regulation Failed: Designing a Bank Regulatory Strategy for the 1990s (1991) and numerous articles in US law journals as well as in the International Journal of Regulatory Law and Practice.
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