the fallout from the global financial crisis. In the balance is the need

to determine the right level of disclosure for financial products and

whether tougher regulation is really necessary. Complicating decisions

for policymakers is the huge gap in investor sophistication – where many

have a deep understanding of risk and how markets work, while others

have next to none. A national program to improve financial literacy

offers one solution, suggest experts. But will that be enough?

Increasing regulation may bring further complications as overprotecting

investors could strangle innovation.