Today’s post previews the third article this week, one which analyses the recently proposed ‘Financial CHOICE Act’ in the U.S., particularly by way of assessing its proposed regulation for the credit rating industry. The article, entitled ‘The Financial CHOICE Bill and the Regulation of Credit Rating Agencies: Opening the Gates for the Gatekeeper’, is to be published in Financial Regulation International and is available here in its pre-published form. For this post, the aim will be to preview the article and provide some critical analysis of the bill, all from within the parameters of understanding that the Bill represents, quite clearly, the ethos of what this author calls ‘regulatory amnesia’. The ‘ Financial CHOICE Act ’, with ‘CHOICE’ being an acronym of ‘Create Hope and Opportunity for Investors, Consumers, and Entrepreneurs’, is a remarkable proposal that is currently at the Bill stage in the development of American legislation, with it recently moving past the House Fi...