US financial regulation and the level playing field

Bibliographic Information

US financial regulation and the level playing field

Helen A. Garten

(International political economy series)

Palgrave, 2001

Other Title

United States financial regulation and its implications for the global marketplace

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Note

Includes bibliographical references (p. 214-233) and index

Description and Table of Contents

Description

What will deregulation and globalization of financial markets mean for the future of US financial regulation? This book argues that the uniqueness of US regulation derives from its success in promoting four principles of competitive fairness that US players demand from financial markets. The peculiar US notion of a 'level playing field' provides a novel approach to understanding the evolution of US regulation, including recent reform, and to predicting US attitudes toward questions of global financial market supervision.

Table of Contents

Preface Introduction: Regulation and the Level Playing Field How to Think About Financial Regulation Is Regulation Beneficial? Deposit Insurance and the Politics of Regulatory Subsidy Results Matter Regulatory Conflict and Competitive Equality The Level Playing Field and Rules of Fair Play Failure on A Level Playing Field Let the Market Pick the Winners Glossary of Key US Financial Statutes Index

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