Regulierung und Europa -- MiFID – Der europäische Gedanke zur Finanzanlage -- Die zentralen Anforderungen der MiFID -- Gleiches Recht und gleiche Praxis in der EU? Ein Vergleich am Beispiel Luxemburg – Deutschland -- Besonderheiten in Großbritannien -- Die Zukunft des Anlegerschutzes in...

The global financial meltdown has led to a renewed focus on the purposes of securities regulation and on the expansion of these purposes to include considerations of systemic risk; yet the case for such an expansion has been assumed more than argued. This article derives an argument for...

Issuers in registered securities offerings must disclose the expected tax consequences to investors investing in the offered securities (“nonfinancial tax disclosure”). This Article advances three arguments regarding nonfinancial tax disclosures. First, nonfinancial tax disclosure practice,...

The Volcker Rule's "covered funds rule" circumscribes bank investments and involvement in certain investment funds to limit bank risk taking and mitigate systemic risk. This article analyzes the choice by legislators and regulators in drafting the Volcker covered funds rule to use Investment...

While an international regime of securities regulation seems to make perfect sense, there is a lack of understanding as to what such a regime would entail. In answering this question, this author will engage firstly in a discussion of the possible approaches to converge securities regulation,...