The 2007 financial crisis exposed ineffective oversight and inconsistent financial regulation in the United States and throughout the European Union. In 2013, address this gross mismanagement, the U.S. and the EU began negotiating the terms of Transatlantic Trade and Investment Partnership (TTIP). Through TTIP, the U.S. and EU look to increase market access through eliminating trade barriers and enhancing regulatory coherence and cooperation, as well as cultivating new rules in the global trade market that will prevent another financial disaster. Through this Comment, Brett Bickel discusses the history of TTIP and the detrimental flaws of the current financial regulation. Bickel discusses three major ways in which TTIP can bridge the critical gap that prompted the financial crisis.
Harmonizing Regulations in the Financial Services Industry Through the Transatlantic Trade and Investment Partnership,
Emory Int'l L. Rev.
Available at: https://scholarlycommons.law.emory.edu/eilr/vol29/iss3/2