On June 21, 2019, Randy Seybold and Andrew Kay published "Combating Regulation by Enforcement: A Strategic Framework for Responding to State Agency Overreach" in Corporate Compliance Insights.
The following is an excerpt:
In recent years, changes in the economic and political landscapes have created an environment ripe for increased scrutiny and oversight by state regulators of the activities of financial services firms, investment advisors and life insurers. Namely, the 2008 financial crisis and subsequent recession on the economic front and the Trump administration’s deregulatory emphasis on the political front have caused some state regulators to significantly increase their regulatory enforcement and compliance activity toward such companies.
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