Stock Market Policy Since the 1987 Crash: A Special Issue of the Journal of Financial Services Research

ISBN-13: 9781461376132 / Angielski / Miękka / 2012 / 141 str.

Hans R. Stoll

Opis

Since the US stock market crashed on October 19, 1987, many studies have been conducted to learn from this experience in the hopes of avoiding a similarly adverse future fall. The book, originally published as a special issue of the Journal of Financial Services Research, considers some of the important policy adjustments that have been implemented in the wake of the 1987 crash. Taken separately and together, these five papers offer a synthesis and summary of the most important policy innovations that have evolved since the largest single-day decline in stock market history.

Spis treści

Special Issue: Ten Years Since the Crash of 1987.- Setting NYSE Circuit Breaker Triggers.- Dealer Markets Under Stress: The Performance of NASDAQ Market Makers During the November 15, 1991, Market Break.- Margin Requirements, Volatility, and Market Integrity: What Have We Learned Since the Crash.- Mutual Funds and Stock and Bond Market Stability.- Ten Years After: Regulatory Developments in the Securities Markets Since the 1987 Market Break.- Shadow Financial Regulatory Commitee Press Releases.- Shadow Financial Regulatory Commitee Statements.