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.
- ISBN10 0255365934
- ISBN13 9780255365932
- Publish Date 4 August 2010
- Publish Status Active
- Publish Country GB
- Imprint Institute of Economic Affairs
- Format Paperback
- Pages 168
- Language English