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Do you believe we will see a new wave of legislation to prevent ethical misconduct as a result of our current global financial crisis? If so, do you think it can effectively manage these risks?

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The solution provides an explanation regarding legislation to prevent ethical misconduct as a result of our current global financial crisis and if it can effectively manage the associated risks.

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I definitely think we will see a new wave of legislation that is designed to prevent ethical misconduct due to the global financial crisis. This will be similar to the regulations found in the laws set forth by the SEC, the FCPA, and SOX. The ethical misconduct guidelines will be similar to those found in the other regulations. This will take into account two different factors, ethical misconduct that is committed in order for companies to secure loans and other types of funding, and ethical misconduct that is committed so that the ...

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