They make laws but the laws are not binding on anyone, they're just suggested laws or regulations.

他们编制法规,但是却没有强制意义,他们只是对法规或者监管进行建议

耶鲁公开课 - 金融市场课程节选

We are not in a country that mandates theology in terms of its constitutional law or its governance, you never gonna have the institutionalization of 5 daily prayers and things like that, people would be penalized.

我们所在的国家并没有将宗教,写进宪法或者法律法规里，你永远不会将每天五次祷告之类的事情,形成制度规范，这对人们不公。

普林斯顿公开课 - 人性课程节选

Governments establish regulators who set down rules for participants in financial markets and these rules may be perceived as onerous and costly to people in the financial community, but ultimately it's their salvation and it's what makes everything possible.

政府设立监管机构,监管机构为金融市场的参与者,制定法规条令,这些规则对金融界,有着极其严格的约束,但这些规则最终使得金融界运作良好,免遭灭顶之灾

耶鲁公开课 - 金融市场课程节选

It's a little bit like the NAIC -the National Association of Insurance Commissioners -recommends laws to the local insurance regulators in the fifty United States.

这有点像NAIC,美国保险监督官协会,它对全美国50个州的,地方保险监管机构推荐法律法规

耶鲁公开课 - 金融市场课程节选

The definition is in Regulation D, which defines an accredited investor.

这是条例D里,条例D,美国证券交易委员会制定的一部法规 对可信投资者作出的定义

耶鲁公开课 - 金融市场课程节选