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Discuss an ethical failure in the financial services industry. Did regulation help prevent the full extent of damage? Did regulation result from the actions? Was regulation in place but able to be avoided by the individual or individual committing the acts?

The successful submission will clearly explain the regulatory environment surrounding or resulting from an ethical failure and/or criminal event in the financial services industry.

The requirements below must be met for your paper to be accepted and graded:

References must come from sources such as, scholarly journals found in EBSCOhost, CNN, online newspapers such as, The Wall Street Journal, government websites, etc. Sources such as, Wikis, Yahoo Answers, eHow, blogs, etc. are not acceptable for academic writing.

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