Global securities trading: the question of a watchdog
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
Municipal securities market: same problems - no solutions
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
The global compact network: an historic experiment in learning and action
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
- Abstracts: Actual contamination in the Federal Sentencing Guidelines: to prove or not to prove? The Federal Advisory Committee Act and its failure to work effectively in the environmental context
- Abstracts: International emissions trading: equity issues in the search for market-based solutions to global environmental degradation
- Abstracts: The consequences of deregulation: a comparison of the experiences of UK building societies with those of US savings and loan associations
- Abstracts: Dump it here, I need the money: restoration damages for temporary injury to real property held for personal use
- Abstracts: Breast Implants: The Cost of Vanity. Insurer liable for cost containment program: Wilson v. Blue Cross of Southern California