Explore a comprehensive lecture on financial market regulation across multiple levels, from firm-level governance to international oversight. Delve into the roles and responsibilities of boards of directors, the history of the New York Stock Exchange, and the evolution of regulatory bodies like the Securities and Exchange Commission. Examine the impact of progressive era Blue Sky laws, the regulation of hedge funds, and efforts to prevent insider trading and market manipulation. Gain insights into post-2008 financial crisis regulatory reforms, including the Dodd-Frank Act and European Supervisory Framework. Understand the complexities and challenges of creating effective regulatory frameworks to minimize the impact of human errors in financial markets.
Misbehavior, Crises, Regulation and Self-Regulation in Financial Markets - Lecture 12