Strengths And Weaknesses In Securities Market Regulation

Author : Jennifer A. Elliott,Ana Carvajal
Publisher : International Monetary Fund
Page : 56 pages
File Size : 42,7 Mb
Release : 2007-11
Category : Business & Economics
ISBN : UCSD:31822034557959

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Strengths and Weaknesses in Securities Market Regulation by Jennifer A. Elliott,Ana Carvajal Pdf

This paper examines the strengths and weaknesses of securities regulatory systems worldwide with a view to a better understanding of common problems and areas of global concern. We found that a consistent theme emerges regarding the lack of ability of regulators to effectively enforce compliance with existing rules and regulation. In many countries, a combination of factors, including insufficient legal authority, a lack of resources, political will and skills, has undermined the regulator's capacity to effectively execute regulation. This weakness is more acute in areas of increased technical complexity such as standards for and supervision of the valuation of assets and risk management practices.

Author : Weiping He
Publisher : Springer
Page : 290 pages
File Size : 55,8 Mb
Release : 2018-02-12
Category : Business & Economics
ISBN : 9781137567420

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The Regulation of Securities Markets in China by Weiping He Pdf

This book offers an in-depth analysis of China’s contemporary securities markets regulatory system, with a focus on regulation in practice. Examining the roles of both the China Securities Regulatory Commission and local governments, He argues that the government has built and developed markets from scratch to address the needs of the state and the economy at large. This book describes the workings of national and sub-national securities markets, and such a comprehensive approach gives insight into the ability of state regulation to guide a financial system. This book also provides a unique practical perspective, explaining of the dynamics of regulation in relation to the operation of the Chinese political system. Finally, it incorporates original empirical studies, including semi-structured interviews of professionals and a survey of retail investors. This book is an unparalleled resource for anyone interested in the regulation of securities markets, as well as finance in China in general.

Author : United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs
Publisher : Unknown
Page : 64 pages
File Size : 43,8 Mb
Release : 2007
Category : Business & Economics
ISBN : PSU:000063503791

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A Review of Self-regulatory Organizations in the Securities Markets by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs Pdf

Author : Mohammed Khair Alshaleel
Publisher : Taylor & Francis
Page : 272 pages
File Size : 45,6 Mb
Release : 2022-08-12
Category : Law
ISBN : 9781000634907

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Regulation and Governance of Mutual Funds by Mohammed Khair Alshaleel Pdf

This book provides a detailed analysis of mutual fund regulations and governance in the UK from the investor protection perspective. It comprehensively describes mutual funds by their function, social utility, and legal attributes, examining the level of protection provided to retail investors under existing regulations. Mutual funds are externally managed with fund ownership separated out from their management, which carries a potential conflict of interest between the self-interests of the fund management and each fund’s investors. The book provides an in-depth analysis of this agency problem in the mutual fund industry, comparing the competing governance models in the UK and the US and the supervision of management activities. In the UK, it investigates the main governance mechanisms, including disclosure, the effectiveness of voting rights, and the role of the Financial Conduct Authority in protecting investors. It also considers the role of prudential regulations in protecting mutual fund investors, with a particular focus on risk management and mutual fund liquidity crisis. The book further investigates the impact of the withdrawal of the UK from the European Union (Brexit) on the industry and what this means for the future of the undertakings for collective investment in transferable securities (UCITS) in the UK. The concept of mutual funds is still not clearly understood, so this book will clearly define the different legal and practical aspects of mutual funds. It will be the first substantial study of mutual fund governance mechanisms under the existing mutual fund laws and regulations in the UK.

Author : Niamh Moloney,Eilís Ferran,Jennifer Payne
Publisher : OUP Oxford
Page : 900 pages
File Size : 44,8 Mb
Release : 2015-08-27
Category : Law
ISBN : 9780191510861

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The Oxford Handbook of Financial Regulation by Niamh Moloney,Eilís Ferran,Jennifer Payne Pdf

The financial system and its regulation have undergone exponential growth and dramatic reform over the last thirty years. This period has witnessed major developments in the nature and intensity of financial markets, as well as repeated cycles of regulatory reform and development, often linked to crisis conditions. The recent financial crisis has led to unparalleled interest in financial regulation from policymakers, economists, legal practitioners, and the academic community, and has prompted large-scale regulatory reform. The Oxford Handbook of Financial Regulation is the first comprehensive, authoritative, and state of the art account of the nature of financial regulation. Written by an international team of leading scholars in the field, it takes a contextual and comparative approach to examine scholarly, policy, and regulatory developments in the past three decades. The first three parts of the Handbook address the underpinning horizontal themes which arise in financial regulation: financial systems and regulation; the organization of financial system regulation, including regional examples from the EU and the US; and the delivery of outcomes and regulatory techniques. The final three Parts address the perennial objectives of financial regulation, widely regarded as the anchors of financial regulation internationally: financial stability, market efficiency, integrity, and transparency; and consumer protection. The Oxford Handbook of Financial Regulation is an invaluable resource for scholars and students of financial regulation, economists, policy-makers and regulators.

Author : Merritt B. Fox
Publisher : Unknown
Page : 476 pages
File Size : 42,9 Mb
Release : 2018
Category : Securities
ISBN : 1982966858

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Securities Market Issues for the 21st Century by Merritt B. Fox Pdf

Author : H. Kent Baker,Halil Kiymaz
Publisher : John Wiley & Sons
Page : 758 pages
File Size : 54,8 Mb
Release : 2013-07-31
Category : Business & Economics
ISBN : 9781118421482

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Market Microstructure in Emerging and Developed Markets by H. Kent Baker,Halil Kiymaz Pdf

A comprehensive guide to the dynamic area of finance known as market microstructure Interest in market microstructure has grown dramatically in recent years due largely in part to the rapid transformation of the financial market environment by technology, regulation, and globalization. Looking at market transactions at the most granular level—and taking into account market structure, price discovery, information flows, transaction costs, and the trading process—market microstructure also forms the basis of high-frequency trading strategies that can help professional investors generate profits and/or execute optimal transactions. Part of the Robert W. Kolb Series in Finance, Market Microstructure skillfully puts this discipline in perspective and examines how the working processes of markets impact transaction costs, prices, quotes, volume, and trading behavior. Along the way, it offers valuable insights on how specific features of the trading process like the existence of intermediaries or the environment in which trading takes place affect the price formation process. Explore issues including market structure and design, transaction costs, information flows, and disclosure Addresses market microstructure in emerging markets Covers the legal and regulatory issues impacting this area of finance Contains contributions from both experienced financial professionals and respected academics in this field If you're looking to gain a firm understanding of market microstructure, this book is the best place to start.

Author : Masahiro Kawai,Eswar Prasad
Publisher : Brookings Institution Press
Page : 441 pages
File Size : 41,6 Mb
Release : 2011
Category : Business & Economics
ISBN : 9780815704898

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Financial Market Regulation and Reforms in Emerging Markets by Masahiro Kawai,Eswar Prasad Pdf

"In the wake of the global financial crisis that began in 2008, offers a systematic overview of recent developments in regulatory frameworks in advanced and emerging-market countries, outlining challenges to improving regulation, markets, and access in developing economies"--Provided by publisher.

Author : Chris Brummer
Publisher : Cambridge University Press
Page : 369 pages
File Size : 42,8 Mb
Release : 2015-09-29
Category : Law
ISBN : 9781107128637

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Soft Law and the Global Financial System by Chris Brummer Pdf

Newly expanded and revised, this book explains why informal standards are used to coordinate global financial rules.

Author : Anne M Khademian
Publisher : University of Pittsburgh Pre
Page : 293 pages
File Size : 55,8 Mb
Release : 1992-11-15
Category : Political Science
ISBN : 9780822976899

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The SEC and Capital Market Regulation by Anne M Khademian Pdf

Anne M. Khademian addresses the significance of the SEC for securities policy and uses the agency as a model for the study of bureaucracy and bureaucratic theory. She examines the interaction of bureaucrats, politicians and the White House, and connects early debates in the field of public administration with the contemporary arguments of rational choice scholars concerning independence. The classic tension within U.S. federal agencies is between the need to hold bureaucrats politically accountable to elected officials and the need to delegate complex decision making to officials with “independent” expertise. In the SEC this tension is especially pronounced because of the agency's dependence on attorneys and economists. Khademian traces the development of a regulatory strategy from the creation of the SEC by FDR in 1934 to the present, examines the roles of SEC experts and their political overseers in Congress as they create policy, and evaluates the stability of that policy. Her study reveals how the tug-of-war between demands for accountability and giving freedom to expertise has affected the agency's evolution and its regulatory activities.

Author : Scott McCleskey
Publisher : Butterworth-Heinemann
Page : 184 pages
File Size : 45,7 Mb
Release : 2004-01-02
Category : Business & Economics
ISBN : 0750657456

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Achieving Market Integration by Scott McCleskey Pdf

Providing an overview of the infrastructure of European Securities markets, this text offers topical analysis of developments and trends in market integration. The author provides industry professionals with a concise exposition of how the post-Euro market works, as well as offering laymen an entry point into the subject. Topics include: wholesale electronic execution; central counterpart clearing; and consolidation of the securities depositories.

Author : United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Securities
Publisher : Unknown
Page : 182 pages
File Size : 46,8 Mb
Release : 1990
Category : Competition, International
ISBN : UCAL:B5115184

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Condition of the Securities Industry by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Securities Pdf

Author : United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Telecommunications and Finance
Publisher : Unknown
Page : 836 pages
File Size : 47,9 Mb
Release : 1994
Category : Business & Economics
ISBN : PSU:000022347886

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National Market System by United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Telecommunications and Finance Pdf

Author : United States. Securities and Exchange Commission
Publisher : Unknown
Page : 232 pages
File Size : 54,8 Mb
Release : 1963
Category : Investment advisors
ISBN : UIUC:30112060254379

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Report of Special Study of Securities Markets of the Securities and Exchange Commission by United States. Securities and Exchange Commission Pdf

Author : United States. Securities and Exchange Commission
Publisher : Unknown
Page : 626 pages
File Size : 51,5 Mb
Release : 1964
Category : Securities
ISBN : STANFORD:36105019609606

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Report of the Special Study of Securities Markets of the Securities and Exchange Commission by United States. Securities and Exchange Commission Pdf