Regulating the Financial Sector in New York: Have the Activities of the State Attorney General Been Good or Bad for the Industry?
May 2006. Full Report >>
Following the bursting of the “dot-com” and stock market bubbles of the late 1990s, and several widely publicized corporate-finance scandals, new federal regulations were put into place, most notably the Sarbanes-Oxley Act. At the State level, local regulatory institutions also focused new attention on the financial-services sector. In particular, the Office of the Attorney General (OAG) of New York State has been extremely active in investigating various financial-services firms in New York. These… (read more)