Not true. It grew lax leading up to 2008, then tightened up after the banking scandal. Recently old habits seem to be coming back. Strong, consistent regulation is the key, but you'll still have the tax havens that hide where money is coming from.
As I said before Goldie…if it smells like **** it almost certainly is ****. The system is set up to make rich people richer….it always has been and it always will be. Just my opinion of course