“Local to Global” Financial Conference a Success
November 05, 2009
Pacific McGeorge's Global Center for Business and Development brought together some of the leading financial experts in the world for a mid-October conference that explored the future of financial regulation.
"Local to Global: Rethinking Spheres of Authority after a World Financial Crisis" addressed the following questions:
- Should there be a supranational regulator of financial markets and institutions?
- Are sub-national units of government (example, the state courts of Delaware) the appropriate regulators for institutions with significant worldwide economic impact?
- Does the lack of a strong central government in the European Union prevent the European Union from taking a sufficiently robust response to the crisis, as, for example, in the event of sovereign defaults in Eastern Europe?
- Who regulates units of government when they act as participants in financial markets?
