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such offerings. However, given that ICOs and crypto markets are a globally unregulated phenomenon, direct regulation …. This article advocates for a balanced principle-based approach to direct regulation of utility token offerings. Further …
Persistent link: https://www.econbiz.de/10012897438
Prior scholarship advocates for international harmonization of financial regulation as a solution to the problem of … that financial institutions relocate following regulation, while also deeply qualifying claims that effective regulation … first empirical evidence that financial institutions migrate in response to derivatives regulation. This paper shows that U …
Persistent link: https://www.econbiz.de/10012898198
current financial regulation. How do fiduciary standards apply to algorithms? How does online finance affect the behavior of … financial technology, computing power, and networking theory have allowed decentralized online platforms such as Bitcoin to … autonomous, dispersed computer networks? This Article argues that current financial regulation is inadequate to address the …
Persistent link: https://www.econbiz.de/10012899713
Regulatory agencies are created to act in the public interest but often end up acting in the interests of those regulated. This is known as regulatory capture. The mutual fund industry is the custodian of massive levels of wealth of the investing public and is regulated by the Securities...
Persistent link: https://www.econbiz.de/10012935380
A repurchase agreement (repo) is the sale of financial assets coupled with a promise to repurchase the same assets at a later date. With similar economic characteristics to secured loans and bank deposits, the repo market is one of the main sources of liquidity for the financial system. Having...
Persistent link: https://www.econbiz.de/10012935843
relationships adequately in the regulatory framework. This paper analyzes the German regulation of crowdinvesting and finds that it …
Persistent link: https://www.econbiz.de/10012946137
in the area of clearing broker regulation and case-law are fundamentally undesirable and that such conflicts should be …
Persistent link: https://www.econbiz.de/10012826927
This paper explores the interface between central banks and cryptocurrencies. Focusing on the European Central Bank (ECB), it identifies the potential threats that the rise of cryptocurrencies would pose to the basic and ancillary tasks of the ECB, in particular, its monetary policy operations...
Persistent link: https://www.econbiz.de/10012866515
2007 Franchise Regulation. It addresses franchise contract dispute cases and examines the application and interpretation of … the 2007 Franchise Regulation by the courts …
Persistent link: https://www.econbiz.de/10012866800
A contentious debate is emerging over the regulatory response to the financial crisis. This paper takes advantage of a rare opportunity to empirically test sweeping short sale constraints. Specifically, I analyze 2008 trading restrictions which prohibited short selling in all U.S. financial...
Persistent link: https://www.econbiz.de/10013008580