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| By Norma Cohen, Financial Times, 01/27/2012 |
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MarketMinder's View: The UK’s new financial regulatory plans appear to drastically increase oversight and intervention. As the US’s Dodd-Frank law is teaching, even well-intended changes of this scope can bring unintended consequences—like increasing costs for the same consumers it aims to protect. Time will tell whether the UK’s plans similarly prove a solution in search of a problem. For more, see our 10/06/2011 cover story, “A Not-So-Surprising Surprise.”
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