European Legal Theory and Legislation in Capital Market Law

Journal of Interdisciplinary Economics, Vol. 20, pp. 133-151, 2010

32 Pages Posted: 16 Nov 2010 Last revised: 24 Nov 2010

See all articles by Thomas M.J. Möllers

Thomas M.J. Möllers

University of Augsburg - Faculty of Law

Date Written: 2010

Abstract

In response to several scandals in the securities market, the European legislator introduced the Lamfalussy Process which aimed at expediting the legislation procedure in the field and advance harmonization, mostly to remain "competitive" with the US market. This article discusses and evaluates the Lamfalussy Process. In the course, constitutional law issues and a number of legal theory problems are examined.

Keywords: EU Capital Markets Law, Lamfalussy Process, Markets in Financial Instruments Directive

JEL Classification: K22, K10

Suggested Citation

Möllers, Thomas M.J., European Legal Theory and Legislation in Capital Market Law (2010). Journal of Interdisciplinary Economics, Vol. 20, pp. 133-151, 2010, Available at SSRN: https://ssrn.com/abstract=1709358

Thomas M.J. Möllers (Contact Author)

University of Augsburg - Faculty of Law ( email )

Germany

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