基本説明
Proposes the establishment of a more transparent mega-regulator to control all financial market segments and financial agents.
Full Description
This book explores how the wild beast of finance can be better 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. Concerning financial regulation, one can see that the EU has become the most dominant rule setter and the regulation established can be interpreted as being of a statutory kind. Showing the shortcomings of this process, the set-up of a more transparent mega-regulator to control all financial market segments and financial agents is proposed.
