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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.
- Format: Pocket/Paperback
- ISBN: 9780255365932
- Språk: Engelska
- Antal sidor: 168
- Utgivningsdatum: 2010-08-04
- Förlag: Institute of Economic Affairs