The Logic of Securities Law The Logic of Securities Law

The Logic of Securities Law

    • 35,99 €
    • 35,99 €

Beschreibung des Verlags

This book opens with a simple introduction to financial markets, attempting to understand the action and the players of Wall Street by comparing them to the action and the players of main street. Firstly, it explores the definition of a security by its function, the departure from the buyer beware environment of corporate law and the entrance into the seller disclose environment of securities law. Secondly, it shows that the cost of disclosure rules is justified by their capacity to combat irrationalities, fads, and panics. The third section explains how the structure of class actions is designed to improve deterrence. Next it explores the economic harm from insider trading and how the law fights it. In sum, the book shows how all these parts of securities law serve the virtuous cycle from liquidity to accurate prices and more trading and how the great recession showed that our securities regulation reacted mostly adequately to the crisis.

GENRE
Gewerbe und Technik
ERSCHIENEN
2017
2. Juni
SPRACHE
EN
Englisch
UMFANG
376
Seiten
VERLAG
Cambridge University Press
GRÖSSE
8,4
 MB

Mehr Bücher von Nicholas L. Georgakopoulos