Beschreibung
This book explores how the wild beast of finance can be
better understood and controlled. Using the framework of
exchange and regulation, European capital markets are
analyzed and it is shown that a common European area of
financial exchange has developed. Concerning financial
regulation, one can see that the EU has become the most
dominant rule setter and the regulation established can be
interpreted as being of a statutory kind. Showing the
shortcomings of this process, the set-up of a more
transparent mega-regulator to control all financial market
segments and financial agents is proposed.
