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The Cambridge handbook of investor protection / edited by Arthur B. Laby.

Contributor(s): Material type: TextPublisher: Cambridge, United Kingdom ; New York, NY : Cambridge University Press, 2022Description: 1 online resource (xi, 390 pages) : digital, PDF file(s)Content type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9781108987622 (ebook)
Subject(s): Additional physical formats: Print version: : No titleDDC classification:
  • 346.73/096 23/eng/20220429
LOC classification:
  • KF1070 .C358 2022
Online resources:
Contents:
Introduction : continuity and change in investor protection / Arthur B. Laby -- The financialization of corporate governance / Roberta S. Karmel -- 'Public' mutual funds / Jeff Schwartz -- The overlooked effects of passive management / Anita K. Krug -- Retail investor protection and empowerment : reflections from the European Union / Niamh Moloney -- Which investors to protect? Evolving conceptions of the American shareholder / Jacob Hale Russell -- Retirement plan reforms in the absence of a retirement policy / Natalya Shnitser -- Rogue brokers and the limits of agency law / Deborah A. DeMott -- Protecting investors of collective-investor trusts in China / Lusina Ho -- Jurisdiction and applicable law in investor suits / Matthias Lehmann -- Techniques of regulatory implementation : the Case of Reg BI and Form CRS / James A. Fanto -- Regulation best interest, customer trust, and the move to make private investments more available to retail investors / Donald C. Langevoort -- Best execution : an impossible dream? / Onnig H. Dombalagian -- Equilibrium investor protection : active mutual fund fees / Michel A. Habib & D. Bruce Johnsen -- Reputational bonding and the birth of investment adviser regulation / Arthur B. Laby -- Do lawyers make good gatekeepers? / Sung Hui Kim -- Retail investors and Delaware Corporate Law / J. Travis Laster -- Investor protections in Muslim jurisdictions / Russell Powell -- Insider Trading Law in the United States and Australia : fiduciary breaches, market abuses, and the harshness of penalties / Donna M. Nagy & Juliette Overland -- Markets vs. Regulation : investor protection in the United States compared to Israel / Nitzan Shilon.
Summary: The topic of investor protection has occupied investors, businesses, regulators, academics, and courts since the 1930s. The topic exploded in importance after the 2008 financial crisis and the Bernard Madoff Ponzi scheme of the same year. Investor protection scholarship now seeks to respond to developments such as the institutionalization of the markets, the democratization of finance, and the enhanced role of market professionals and other gatekeepers. Additionally, although the philosophy of full disclosure remains the guiding principle behind the securities laws, recent research has questioned the merits of a disclosure-based regime. In light of these trends, regulators try to strike the right balance between imposing a strict investor protection regime, on the one hand, and giving businesses the freedom to innovate new projects, market new services, and reduce costs, on the other. The Cambridge Handbook of Investor Protection brings together leading scholars to inform this debate and fill a gap left by these developments.
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Title from publisher's bibliographic system (viewed on 20 Oct 2022).

Introduction : continuity and change in investor protection / Arthur B. Laby -- The financialization of corporate governance / Roberta S. Karmel -- 'Public' mutual funds / Jeff Schwartz -- The overlooked effects of passive management / Anita K. Krug -- Retail investor protection and empowerment : reflections from the European Union / Niamh Moloney -- Which investors to protect? Evolving conceptions of the American shareholder / Jacob Hale Russell -- Retirement plan reforms in the absence of a retirement policy / Natalya Shnitser -- Rogue brokers and the limits of agency law / Deborah A. DeMott -- Protecting investors of collective-investor trusts in China / Lusina Ho -- Jurisdiction and applicable law in investor suits / Matthias Lehmann -- Techniques of regulatory implementation : the Case of Reg BI and Form CRS / James A. Fanto -- Regulation best interest, customer trust, and the move to make private investments more available to retail investors / Donald C. Langevoort -- Best execution : an impossible dream? / Onnig H. Dombalagian -- Equilibrium investor protection : active mutual fund fees / Michel A. Habib & D. Bruce Johnsen -- Reputational bonding and the birth of investment adviser regulation / Arthur B. Laby -- Do lawyers make good gatekeepers? / Sung Hui Kim -- Retail investors and Delaware Corporate Law / J. Travis Laster -- Investor protections in Muslim jurisdictions / Russell Powell -- Insider Trading Law in the United States and Australia : fiduciary breaches, market abuses, and the harshness of penalties / Donna M. Nagy & Juliette Overland -- Markets vs. Regulation : investor protection in the United States compared to Israel / Nitzan Shilon.

The topic of investor protection has occupied investors, businesses, regulators, academics, and courts since the 1930s. The topic exploded in importance after the 2008 financial crisis and the Bernard Madoff Ponzi scheme of the same year. Investor protection scholarship now seeks to respond to developments such as the institutionalization of the markets, the democratization of finance, and the enhanced role of market professionals and other gatekeepers. Additionally, although the philosophy of full disclosure remains the guiding principle behind the securities laws, recent research has questioned the merits of a disclosure-based regime. In light of these trends, regulators try to strike the right balance between imposing a strict investor protection regime, on the one hand, and giving businesses the freedom to innovate new projects, market new services, and reduce costs, on the other. The Cambridge Handbook of Investor Protection brings together leading scholars to inform this debate and fill a gap left by these developments.

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