Exchange and Regulation in European Capital Markets

ISBN-13: 9783825869540 / Angielski / Miękka / 2004 / 312 str.

Markus Leditorerer; Markus Lederer

Opis

This book explores how the "wild beast" of finance may be best understood and controlled. Using the framework of exchange and regulation, European capital markets are analyzed, and it is shown that a common European area of financial exchange has developed. Relative to financial regulation, it is evident that the EU has become the most dominant rule-setter and the regulation established can be interpreted as being of a statutory kind. As it presents the shortcomings of this process, this volume proposes the establishment of a more transparent mega-regulator to control all financial market segments and financial agents.
Markus Lederer is a researcher at the University of Munich.