-based legislation - and the frequent principles-based regulation underpinned by such legislation - represents a stark departure from … regulation in Hong Kong - in the form of a Twin Peaks regulatory structure. A focus on the objectives of achieving financial …

.S. financial regulation: (i) enactment is invariably crisis driven, adopted at a time when there is a paucity of information … Law” of U.S. financial regulation. The ensuing one-way regulatory ratchet generated by repeated financial crises has … experimentation to financial regulation. The use of those techniques, properly implemented, advances means-ends rationality, by better …

This paper describes how behavioral elements are relevant to financial supervision,regulation, and central banking. It …

. Without regulation, funds hold insufficient deposits and must sell bonds when hit by large redemptions. Bond liquidation is …

Internet. In general, securities regulation offers exemptions to prospectus and registration requirements. From an analysis of … the campaigns. Finally, we offer a "law and finance" analysis of recent reforms of securities regulation in different …

Financial regulation today is largely framed by traditional business categories. The financial markets, however, have … problems addressed by (but now beyond the reach of) current regulation, and the rise of new problems that reflect change in how … financial regulation, in light of recent changes in the financial system, and offer a tentative way forward to address gaps in …