As an investor, I have been burned in the past due to some unethical behavior by my investment advisor and brokerdealer. As a wealthy investor, I have influence with some key policymakers in Washington DC. I have been quite interested in the regulatory considerations as they pertain to my investments in the financial markets. I privately take you aside to get your perspective on this.

What should be the role of regulation in financial markets?

What are the implications of financial regulation?

Discuss the effect such legislation would have on the on financial markets:

o For each proposed regulatory control, discuss the impetus for its implementation (i.e. what is the issue it is trying to address) as well as the advantages and disadvantages to the financial markets.

o Discuss why and some benefits and costs of past regulations that have been implemented.