Does Britain Need a Financial Regulator? : Statutory Regulation, Private Regulation & Financial Markets Paperback / softback
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: Paperback / softback
- Pages: 168 pages
- Publisher: Institute of Economic Affairs
- Publication Date: 04/08/2010
- Category: Economics
- ISBN: 9780255365932