Running the world's markets : the governance of financial infrastructure /

The efficiency, safety, and soundness of financial markets depend on the operation of core infrastructure--exchanges, central counter-parties, and central securities depositories. How these institutions are governed critically affects their performance. Yet, despite their importance, there is little...

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Bibliographic Details
Main Author: Lee, Ruben
Format: Electronic eBook
Language:English
Published: Princeton, N.J. : Princeton University Press, ©2011.
Subjects:
Online Access:Connect to this title online (unlimited users allowed)
Table of Contents:
  • Definitions
  • Market power
  • The allocation of regulatory powers over securities markets
  • Regulation and governance of market infrastructure institutions : global perspective
  • Governance of market infrastructure institutions : a snapshot
  • Exchanges
  • CCPs and CSDs
  • What is the most efficient governance structure?
  • Who should regulate what?
  • How should market infrastructure institution governance be regulated?