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“Securities Act [of 1933] will be fully justified if it drives the government into the investment banking” quote by Anonymous
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““Securities Act [of 1933] will be fully justified if it drives the government into the investment banking””

Anonymous

About This Quote

If the Securities Act pushes the government into investment banking, it may be seen as justified by market forces.

In simple terms: Policy may be justified by its economic impact.

Key Takeaway

Consider economic outcomes of regulation.

Themes

economics policy regulation government

Mood

critical analytical

Type

political economic

When to use this quote

  • financial legislation
  • government contracts
  • investment banking
  • policy analysis

Key Concepts

market dynamics regulatory capture

Questions to Reflect On

  • Is market efficiency more important than consumer safety?
  • What safeguards are needed?
A Different Perspective

Such justification can ignore consumer protection.

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