Does Britain Need a Financial Regulator?: Statutory Regulation, Private Regulation & Financial Markets (Hobart Paper, 169) - Softcover

Booth, Philip; Arthur, Terry

 
9780255365932: Does Britain Need a Financial Regulator?: Statutory Regulation, Private Regulation & Financial Markets (Hobart Paper, 169)

Inhaltsangabe

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.

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Über die Autorin bzw. den Autor

Philip Booth is Academic and Research Director at the Institute of Economic Affairs and Professor of Finance, Public Policy and Ethics at St Mary’s University, Twickenham. From 1 November 2016, he will be Director of Research and Public Engagement at St  Mary’s. Previously, he worked for the Bank of England as an advisor on financial stability issues and has been Associate Dean of Cass Business School. He has written widely, including a number of books, on investment, finance, social insurance and pensions as well as on the relationship between Catholic social teaching and economics. Philip has a BA in economics from the University of Durham and a PhD from City University.

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