Regulatory agencies lack resources to monitor increasingly complex financial products
Evidence
Most regulatory agencies are ill equipped to oversee adequately laws that are already on the books. Given the complexities of innovative financial products, overseers are likely to be even less equipped to do their job without increased operational resources. — Albert Bandura, Moral Disengagement, 1532
Categorization
- corroborated: 2 independent passages support this claim — Albert Bandura, Moral Disengagement: How People Do Harm…, 1532