Otherwise, one former Government official said, American regulators could not continue to criticize lax enforcement by officials in Japan, where securities and bank scandals are growing.

The bankers are counting on the Fed to remind members of Congress that if they do not act, the regulators will continue the financial deregulatory process for them.

Some analysts noted that Japanese regulators cannot continue to discourage speculative selling of the dollar by moral suasion forever.

Meanwhile, regulators should continue to root out fraud in the industry.

Mr. Goldschmid's comments come as regulators continue to uncover questionable practices by fund managers.

The regulators in Australia continue to endorse and encourage (by regulation) the use of the standard when establishing a compliance framework.

It is also unclear what limits 527 committees will face next year, as Congress and regulators continue to mull proposed restrictions.

Merck and federal regulators continue to discuss the possibility of returning Vioxx to the market, Mr. Frazier said.

As the recent events suggest, financial regulators continue to grapple with a banking crisis.

China's regulators will continue to control the market in many ways.