US Financial Regulation and the Level Playing Field

• Author(s): H. Garten,
• Publisher: Springer
• Pages: 236
• ISBN_10: 0333977602
  ISBN_13: 9780333977606
  
• Language: en
• Categories: Political Science / Political Economy , Business & Economics / General , Political Science / International Relations / General , Social Science / Sociology / General , Business & Economics / Economics / Macroeconomics , Political Science / Public Policy / Economic Policy , Political Science / General , Business & Economics / Economics / General ,

Description:... What will deregulation and globalization of financial markets mean for the future of US financial regulation? This book argues that the uniqueness of US regulation derives from its success in promoting four principles of competitive fairness that US players demand from financial markets. The peculiar US notion of a 'level playing field' provides a novel approach to understanding the evolution of US regulation, including recent reform, and to predicting US attitudes toward questions of global financial market supervision.