IDEAS home Printed from https://ideas.repec.org/a/oup/jieclw/v13y2010i3p799-815.html
   My bibliography  Save this article

Global Securities Regulation after the Financial Crisis

Author

Listed:
  • Donald C. Langevoort

Abstract

The global financial crisis requires a coordinated international response, but political obstacles stand in the way of a comprehensive solution. This article suggests that international cooperation in securities regulation is most feasible--though still politically difficult--if the subject of securities regulation is divided into pieces, and global regulators concentrate solely on the portion that involves interaction among sophisticated institutional investors. Even though the crisis originated in this sector, it is the domain in which there is the most global commonality of interests. By contrast, regulation of the retail segments of investment is plagued by particularly deep differences in history and institutional context, making it wise to move this subject of regulation off the near-term reform agenda. The article suggests a number of directions such convergence might take, including creating a dispute resolution system accessible to the transnational institutional investor community. Oxford University Press 2010, all rights reserved, Oxford University Press.

Suggested Citation

  • Donald C. Langevoort, 2010. "Global Securities Regulation after the Financial Crisis," Journal of International Economic Law, Oxford University Press, vol. 13(3), pages 799-815, September.
    • Handle: RePEc:oup:jieclw:v:13:y:2010:i:3:p:799-815
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1093/jiel/jgq032
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Dinc, Yusuf, 2015. "Conversion From Shadow Banking to Regular Banking an Emperical Analysis," MPRA Paper 85333, University Library of Munich, Germany.
    2. Emilios Avgouleas, 2013. "Effective Governance of Global Financial Markets: an Evolutionary Plan for Reform," Global Policy, London School of Economics and Political Science, vol. 4, pages 74-84, July.
    3. Mark Humphery‐Jenner, 2013. "Strong Financial Laws Without Strong Enforcement: Is Good Law Always Better than No Law?," Journal of Empirical Legal Studies, John Wiley & Sons, vol. 10(2), pages 288-324, June.
    4. Heikki Marjosola, 2021. "The problem of regulatory arbitrage: A transaction cost economics perspective," Regulation & Governance, John Wiley & Sons, vol. 15(2), pages 388-407, April.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:jieclw:v:13:y:2010:i:3:p:799-815. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://academic.oup.com/jiel .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.