EDUCATION assumes that truth exists. Without truth, learning becomes incoherent. The claim “there are no absolute truths” is self-defeating, for one must ask: “Are you absolutely sure of that?” To ...
IRVINE, Calif. — Principles-based rules won’t be a panacea for financial services and, in fact, could create more regulatory risk, some industry observers say. The concept of flexible rules is being ...
In recent years, the SEC has been making a move toward more “principles-based” regulation, in which regulatory guidance provides broad compliance principles and leaves regulated firms to figure out ...
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