Shares 

Broken brokers

Broken brokers

The fallout from the 2008 financial crisis led to a political sea change in opinion about the extent to which government should police the financial services sector. In 2011 EU internal market commissioner Michel Barnier set out his aim to establish a "single rule book" for financial services to try to prevent the excessively risky practices of the past happening again, while also reducing the decision-making powers of national regulators that had failed to stop some of these practices.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now