Chapter 9: Effects of Regulations

In this section

• Regulatory Frameworks and Governance
  Regulatory Frameworks and Governance (CFA Level 1): Defining Regulatory Frameworks, Role of Governance, and Governance Mechanisms. Key definitions, formulas, and exam tips.
• Competition Policy and Antitrust
  Competition Policy and Antitrust (CFA Level 1): Purpose of Competition Policy, Key Concepts in Antitrust, and Monopolization. Key definitions, formulas, and exam tips.
• Consumer Protection and Externalities
  Consumer Protection and Externalities (CFA Level 1): Consumer Protection: Safeguarding Market Participants, Rationale for Consumer Protection, and Core Components of Consumer Protection Regulatory Frameworks. Key definitions, formulas, and exam tips.
• Costs versus Benefits of Regulation
  Costs versus Benefits of Regulation (CFA Level 1): Rationale for Cost-Benefit Analysis, Direct Costs of Regulation, and Indirect Costs of Regulation. Key definitions, formulas, and exam tips.
• Regulatory Capture and Challenges
  Regulatory Capture and Challenges (CFA Level 1): Defining Regulatory Capture, Forms of Regulatory Capture, and Direct Capture. Key definitions, formulas, and exam tips.
• International Regulatory Harmonization
  International Regulatory Harmonization (CFA Level 1): Defining Harmonization and Its Goals, Drivers Behind International Harmonization, and Role of Supranational Organizations. Key definitions, formulas, and exam tips.
• Mitigating Systemic Risk through Regulation
  Mitigating Systemic Risk through Regulation (CFA Level 1): Defining Systemic Risk, Key Moments in History, and Macroprudential Regulation vs. Microprudential Regulation. Key definitions, formulas, and exam tips.
• Shadow Banking and Non-Bank Financial Regulations
  Shadow Banking and Non-Bank Financial Regulations (CFA Level 1): Definition of Shadow Banking, Understanding Non-Bank Financial Institutions, and Key Risks in Shadow Banking. Key definitions, formulas, and exam tips.
• Financial Innovation and Regulatory Challenges
  Financial Innovation and Regulatory Challenges (CFA Level 1): Importance of Financial Innovation, Key Drivers of Financial Innovation, and Regulatory Gaps and Challenges. Key definitions, formulas, and exam tips.
• Political Economy and Public Choice Theory
  Political Economy and Public Choice Theory (CFA Level 1): Political Economy in Context, Foundations of Public Choice Theory, and Key Insights. Key definitions, formulas, and exam tips.