Certain Quote by Jamie Dimon
“It is vital for officials and regulators to have input from people within our businesses who understand the intricacies of how financial markets operate and the consequences of certain policy decisions.”
About This Quote
Source Interview: CNBC Financial Leaders Forum, 2022
Regulators need industry insiders’ expertise to craft policies that reflect market realities and avoid unintended consequences.
In simple terms: Insider insight essential for effective regulation.
Include practitioners in policy making.
Themes
Mood
Type
When to use this quote
- legislative drafting
- consultations
- financial education
- corporate governance
Key Concepts
Questions to Reflect On
- How to balance insider input with public interest?
- What safeguards ensure unbiased policy?
Potential conflicts of interest.