Investor Protection in the System of Capital Markets Law: Legal Foundations and Outlook
28 Pages Posted: 16 Nov 2010 Last revised: 24 Nov 2010
Date Written: November 16, 2010
Sketched in the aftermath of the financial crisis of 1929, US capital markets law was in large parts an example to the relatively young European capital markets law. After another financial crisis which showed the fragility of the financial markets in recent times, this article seeks to sketch out some current flaws in European capital markets law in order to identify areas that need future actions. A distinction is sought to be made in the discussion between market participants, the financial products and information on listed companies, and the relevant financial services of financial intermediaries. The article finally deals with implementation and enforcement measures and the legal methodology of capital markets law. It focuses on gaps in investor protection.
Keywords: Capital Markets Law, Financial Intermediaries, Investor Protection
JEL Classification: K22, K10
Suggested Citation: Suggested Citation