Standards, Ethics & Regulations (SER)

157 Posts

Poll: Which ESG Factors Are You Most Able to Include in Your Investment Decisions?

For many investors, environmental, social, and governance (ESG) issues are material considerations in investment decisions. ESG issues include air and water pollution, climate change, employee retention, data protection, executive remuneration and separation of the roles of chairman and CEO. The bankruptcy of Enron Corp., the oil spill in the Gulf of Mexico, and the death of miners in Marikana, South Africa, are but a few examples of the importance of ESG issues in investments. Read more


The Financial Economists Roundtable Weighs in on Financial Transaction Taxes

Proposals to tax financial transactions are popular now, and many concerns motivate these proposed taxes. Although many members of the Financial Economists Roundtable recognize and respect these concerns, they believe that governments should be extremely wary of imposing or increasing financial transaction taxes, which can have highly negative consequences with respect to the revenue raised. Read more


Book Review: In Bed with Wall Street

In Bed with Wall Street: The Conspiracy Crippling Our Global Economy

According to author Larry Doyle, the financial crisis of 2008–2009 was a failure of regulation and oversight, and he contends that the leaders of major institutions escaped retribution for irresponsible practices that helped cause the crisis. He calls for enhanced accountability and effectiveness in the regulatory arena. Read more

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History Shows Ethics, Or Lack of It, Will Shape the Future of Finance

SAC Capital Advisors

It seems that barely a month goes by without another headline about the ethical failure of an investment professional. Most recently, of course, was SAC Capital’s decision to plead guilty to all five counts of insider trading violations and pay a record $1.2 billion penalty, becoming the first large Wall Street firm in a generation to confess to criminal conduct. While these record penalties seem to be broken fairly frequently, one is left wondering: Is there anything new about the nature of the ethical issues involved? Read more