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Often, they will move on to a large firm once they (or the large firm) have spotted the most profitable, low-profile loophole in the regulation.
by redrobot5050 16y ago
Often, they will move on to a large firm once they (or the large firm) have spotted the most profitable, low-profile loophole in the regulation.
- T_S_ 16y agoIt's never that obvious. When a regulator is hired by the Street, it is usually because they have lots of industry knowledge and know all the other regulators. That alone is sufficient. It also makes the case for industry self-regulation easier to swallow (in the eyes of regulators).