Kritische Analyse der Kapitalmarktregulierung der U.S. Securities and Exchange Commission

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Marcus Kiefer analysiert die komplexe Institution Securities and Exchange Commission in den USA. Er zeigt auf, dass die Schaffung einer europaischen enforcement-Behorde als Pendant zur SEC notwendig ist. Neben einer europaischen Behorde soll in Deutschland die Bundesanstalt fur Finanzdienstleistungsaufsicht als verlangerter Arm der europaischen Instanz fungieren.