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Theoretical and historical experience suggests a financial centre may either include a single, consolidated and loosely regulated stock exchange attracting all intermediaries and actors, or a variety of exchanges going from strictly regulated to completely unregulated and adapted to the needs of...
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). While the latter step is criticized as being in conflict with the deregulation decision, the nature of the remedy being on … philosophy of market regulation and deregulation: (i) First, does the regulator have a responsibility to pursue a regular … driving role for deregulation of fixed access and calling markets, which are freed from regulation including margin squeeze …
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