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Does Britain Need a Financial Regulator?|Philip Booth

Does Britain Need a Financial Regulator? : Statutory Regulation, Private Regulation & Financial Markets

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Overview

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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Details

  • ISBN-13: 9780255365932
  • ISBN-10: 0255365934
  • Publisher: Iea
  • Publish Date: August 2010
  • Page Count: 168

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