CFA Practice Question

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CFA Practice Question

This funny Tom Toles cartoon appeared in the Washington Post on January 20,2011.

It is about:

A. regulatory capture.
B. regulatory competition.
C. regulatory arbitrage.
Correct Answer: A

One of the consistent outcomes arising from regulatory capture is that the regulated industry can use regulation in ways to increase its benefits at the expense of consumers.

User Contributed Comments 2

User Comment
krunk I wish the actual exams had more political cartoons to interpret, think I could do quite well on that.
UcheSam Lol @krunk!
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