Click Here to Download: https://ouo.io/MJD7Fl The Industrial Organization and Regulation of the Securities Industry By: Andrew W. Lo Publisher: University of Chicago Press Print ISBN: 9780226488479, 0226488470 eText ISBN: 9780226488493, 0226488497 Edition: 1st Copyright year: 1995 Format: PDF Available from $ 106.00 USD SKU 9780226488493 The regulation of financial markets has for years been the domain of lawyers, legislators, and lobbyists. In this unique volume, experts in industrial organization, finance, and law, as well as members of regulatory agencies and the securities industry, examine the securities industry from an economic viewpoint. Ten original essays address topics including electronic trading and the virtualstock exchange; trading costs and liquidity on the London and Tokyo Stock Exchanges and in the German and Japanese government bond markets; international coordination among regulatory agencies; and the impact of changing margin requirements on stock prices, volatility, and liquidity. This clear presentation of groundbreaking research will appeal to economists, lawyers, and legislators who seek a refreshingly new perspective on policy issues in the securities industry.
