This article examines the recent regulatory developments with regard to short selling. Short selling regulation is an important factor in firm governance because it affects the way in which firms are subject to market discipline. We begin with a comprehensive compilation of emergency...

The global, euro-zone, and Asian financial crises have highlighted the importance of appropriate regulatory design and coverage for financial stability. In particular, in the wake of the global financial crisis the Group of Twenty (G20) and the Financial Stability Board (FSB) and its...

The global financial crisis triggered a vast number of new laws and regulations at international level, including initiatives that can be classified as "soft law". The legitimacy and efficacy of these new norms are subject to intensive academic and political debates. At the same time, soft law...

This paper summarizes the short selling restrictions adopted - mainly on an emergency basis - in the time period of July 2008 up to mid-June 2010 in 56 countries around the world. It is a supplement to a recent article of the authors (Gruenewald et al., 2010) and gives a detailed overview of the...

The G-20 has been established more than 10 years ago as a reaction to the Asian financial crisis without - at first - gaining much weight on the international scene, however, the financial crisis of 2007/08 has caused a re-vitalization on a higher level, namely as body of the "G-20 Leaders". The...