Functional Regulation: A Concept for Glass-Steagall Reform?

40 Pages Posted: 8 Jun 2011 Last revised: 4 Mar 2013

Date Written: September 1, 1995

Abstract

This paper examines the origins and history of the "functional regulation" concept as it applies to bank securities activities and analyzes its effectiveness as a regulatory reform mechanism.

Keywords: functional regulation, Glass-Steagall, bank, securities, SEC, Bush Task Group, 3b-9, umbrella regulation

Suggested Citation

Fein, Melanie L., Functional Regulation: A Concept for Glass-Steagall Reform? (September 1, 1995). Stanford Journal of Law, Business, and Finance, Vol. 2, No. 89, pp. 89-127,1995. Available at SSRN: https://ssrn.com/abstract=1859625

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