English

Louis: The financial industry will suffer greatly from the new government regulations over derivatives. Compliance with these regulations will cost the industry $5.5 million annually because companies in the industry will have to double the size of their proxy statements in order to disclose all the required information.
Companies in the industry will then lose profits and have to lay off other employees. Therefore, these regulations will have an adverse
effect on the nation’s economy. Peter: The $5.5 million that companies in the finance industry will have to spend will be profits for other types of companies in the private sector. Profits and jobs may be lost in the finance industry, but they will be gained by other companies.

This term means to allow a court to resolve a dispute.