Global securities trading: the question of a watchdog
Article Abstract:
Creation of an international regulatory organization to oversee securities trading appears to be unlikely for the near future. Existing domestic regulatory systems, including both public sector regulation and private self-regulation by securities exchanges, will continue to operate for some time, while pursuing greater international coordination and cooperation. The existing international organizations, which are the International Organization of Securities Commissions and the International Federation of Stock Exchanges, are basically special interest groups which lack the authority to enforce international regulatory standards.
Publication Name: George Washington Journal of International Law and Economics
Subject: Law
ISSN: 0748-4305
Year: 1992
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Municipal securities market: same problems - no solutions
Article Abstract:
The SEC moved in to regulate the municipal securities market after a series of defaults and near defaults indicated widespread corruption in the system. However, once the immediate crisis was resolved, the market returned to the old, inefficient system of regulation. A better approach would be to impose registration requirements, make professional participants and issuers liable for misleading statements in official documents and change the Municipal Securities Rulemaking Board from a statutory entity to an independent rule-making organization.
Publication Name: Delaware Journal of Corporate Law
Subject: Law
ISSN: 0364-9490
Year: 1996
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The global compact network: an historic experiment in learning and action
Article Abstract:
In 1999 world economic forum, the notion of the global compact evolved into one of the most expansive and ambitious network in the world. This network primarily required a commitment by those who currently dominated the global market to assist the disadvantaged in building their economic capacity through long-term sustainable development.
Publication Name: Business and Society Review
Subject: Law
ISSN: 0045-3609
Year: 2003
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