When critical brokers' opinions are cited in newspapers, regulators now want “explanations”.
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Now that the world has changed, their response has morphed to "less than what the regulators want".
如今世界发生了变化,他们的回答变为“低于监管希望的水平”。
Regulators want to prevent this, and their tool of choice now seems to be tighter capital-adequacy rules.
监管者意欲阻止这点,现在他们可选的工具似乎是银根更紧的资本充足率规定。
Regulators around the world want to be feared and now they've started frightening people.
世界各地监管机构都力图让人畏惧。现在他们已开始吓到人了。
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