Too Big to Regulate? Preventing Misconduct in the Private Sector
The ERC Fellows Program, a select group of senior ethics professionals, meet twice a year to study and discuss issues that are likely to have a significant, lasting effect on business and the relationship between corporate America and the federal government. In light of events of the past two years, the ERC Fellows chose to delve into questions of government regulation and enforcement – their effectiveness and their limits. This paper grows out of those discussions.
- Can the U.S. government’s regulatory and enforcement mechanisms keep pace with the lightning fast pace of change and the often complex and vast challenges that change creates?
- Are there ways that the private sector can help lawmakers, regulators, and prosecutors fulfill their oversight and enforcement responsibilities?
In this paper, Too Big to Regulate? Preventing Misconduct in the Private Sector, ERC draws some conclusions and makes recommendations.
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