Does Self-Regulation Serve a Useful Purpose in Today’s Securities and Financial Services Marketplace?
Based on a recent CFA Institute Financial NewsBrief reader survey, investors appear to be fairly split on whether self-regulation serves a useful purpose in today’s securities and financial services marketplace.
Among the 643 readers who responded to the recent survey, nearly 60% said “yes” that self-regulation serves a useful purpose in today’s securities and financial services marketplace, while 40% responded “no.”
This divide may reflect the disparate use of self-regulation in different markets (e.g., the legally recognized self-regulatory organizations in the United States, the move away from a system of self-regulation in the U.K.) or a need for clarity on the different types of systems that comprise “self-regulation.”
CFA Institute is reviewing the use of self-regulation around the world and welcomes your input. Your responses to a brief questionnaire would help us assess the use of self-regulatory models in different markets and assist in the analysis of whether emerging or developed markets find them most useful.
