financial regulation
Financial regulation is the net draped across the wild jungle known as the market. It promises to protect investors from the fangs of beasts while simultaneously shackling its own feet. Regulators pretend to curb risk while actually feeding both the economy’s vulnerabilities and bureaucratic egos. They present mountains of tedious paperwork to those who comply and mete out harsh penalties to those who do not, a duality that feels like a dark comedy. As a result, financial institutions dance in the ring of regulation, and market participants sweat at the thought of the stage ever collapsing.