Volume XIII: Business and Private Organizations | Chapter 10 (2000): Securities Regulation – An Introduction
Completed in January 1994; later major changes have been taken into account until the end of 1999.
Detlev F. Vagts
23. – Like other bodies of economic law, securities regulation tends to follow the needs of the branch of the economy which it governs. It provides a framework within which investors can seek to maximize their wealth, confident that their expectations will be realized and that the promises made to them will be…