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Does Britain Need a Financial Regulator?: Statutory Regulation, Private Regulation & Financial Markets by Philip Booth 9780255365932

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Description

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.

Book Information
ISBN 9780255365932
Author Philip Booth
Format Paperback
Page Count 168
Imprint Institute of Economic Affairs
Publisher Institute of Economic Affairs
Weight(grams) 164g

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