by PhilipBooth (Author), TerryArthur (Author)
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
Pages: 167
Edition: First Edition
Publisher: Institute of Economic Affairs
Published: 01 Aug 2010
ISBN 10: 0255365934
ISBN 13: 9780255365932