Securities regulation laws aim to promote investor confidence, consumer protection and the performance of the financial system. Achieving this role has moved from self-regulation by the stock exchanges and the corporate sector to regulation by securities commissions, with growing powers, bigger budgets and the danger of becoming more and more distant from the financial sector. This article argues for a return to enforced self-regulation - coregulation - for more effective fulfilment of the aims of securities regulation.
|Pages (from-to)||263 - 270|
|Number of pages||8|
|Journal||International Journal of Business and Management Studies|
|Publication status||Published - 2013|