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Certainly a  global regulatory framework, incorporating agreed standards of integrity and behaviour is necessary.

But a monolithic "Global Regulator" is IMHO neither feasible nor desirable.

Like the SEC, CFTC and FSA it would simply become a Single Point of (Regulatory) Failure.

"The future is already here -- it's just not very evenly distributed" William Gibson

by ChrisCook (cojockathotmaildotcom) on Fri Oct 10th, 2008 at 08:16:52 AM EST
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