Does more regulation make investment products safer?
from CFA Institute's Enterprising Investor
Regulated versus unregulated is a false dichotomy. Virtually no investment product or company is unregulated today, and offshore funds are rarely “unregulated.” So, we will discuss degrees of regulation. Onshore regulation, and that of retail products including pensions and insurance, can be more extensive and intrusive than offshore regulation and that of products restricted to accredited/sophisticated/institutional investors.
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