SSRN-Do Financial Companies Benefit from SEC Regulation? by Irene Aldridge

SSRN-Do Financial Companies Benefit from SEC Regulation? by Irene AldridgeAldridge uses event study methodology to measure the impact of SEC regulations. She finds that while the volatility of Financial firms drops following new regulations, returns do not appear to change. This finding does not fit with the SEC's stated purpose nor the "existing regulation theories...Stigler (1971), Peltzman (