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Does Britain Need a Financial Regulator?
Statutory Regulation, Private Regulation & Financial Markets
Häftad, Engelska, 2010
242 kr
Skickas inom 5-8 vardagar
It is difficult to imagine financial markets without a state regulator. But it was not so long ago that financial markets in Britain developed their own regulation, without government intervention. This monograph examines the economic case for a statutory regulator of investment transactions and finds it wanting. Private stock exchanges can provide regulation at less cost and less intrusively than the FSA.