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Does Britain Need a Financial Regulator? : Statutory Regulation, Private Regulation & Financial Markets, Paperback / softback Book

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

Paperback / softback

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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.

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