Running head: MY POLICIES AS REGULATORY CZAR OF FINANCIAL SERVICESMy policies as regulatory czar of financial servicesNameInstitutional AffiliationDate1MY POLICIES AS REGULATORY CZAR OF FINANCIAL SERVICES2The term czar, also tsar, is used in referring to people that get employed as high-level officialsto ensure that specific policies are followed (Hendrickson, 2015). According to Haleas Hines,(2015), Czars differ from other government officials in that they do not require the Senate'sconfirmation when getting selected, say, by the president, or when performing their duties whichenhances their ability for quick action during a crisis. The primary role of Czars is to run ororganize various departments by devoting their expertise to the said departments (Haleas Hines,2015). Following my recent appointment as the regulatory czar for the financial servicesindustry, in this article will be a discussion on the regulations and structures that I consider mostappropriate for the growth of the financial services in the industry and those regulations that Ideem inappropriate. I will also point out the risks that I am mostly worried about, state theparties that ought to get protection and the benefits that are to get expected from my tenure.According to Armour, (2016), a financial regulation refers to laws or supervisions to governfinancial institutions which include investment firms, banks, and insurance companies, amongothers. Fiscal rules are essential in the ...
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