A Financial Precautionary Principle: New Rules for Financial Product Safety

This Wall Street Watch working paper by Professors James Crotty and Gerald Epstein, of the University of Massachusetts, Amherst, urges that complex financial products be required to obtain approval from a government regulatory authority before they can be marketed.

Download A Financial Precautionary Principle: New Rules for Financial Product Safety (PDF)

This Wall Street Watch working paper by Professors James Crotty and Gerald Epstein, of the University of Massachusetts, Amherst, urges that complex financial products be required to obtain approval from a government regulatory authority before they can be marketed.

Download A Financial Precautionary Principle: New Rules for Financial Product Safety (PDF)