that tighter financial regulation increases interbank rates but lowers broad rates (in which lenders are non-banks) and that …

The short selling regulation of 2005 (regulation SHO), and its more restrictive version of 2008, was put in place to … curb potentially manipulative naked short selling. However, this regulation has been criticized in the literature for … reducing market quality. Contrary to other findings, I show that this regulation deters uninformed traders, and improves the …

In this paper we examine the quantitative effects of margin regulation on volatility in asset markets. We consider a … presence of collateral constraints leads to strong excess volatility. Thus, a regulation of margin requirements may have … stabilizing effects. However, in line with the empirical evidence on margin regulation in U.S. stock markets, we show that changes …

-determinant for the successful IPO deal completion. We propose the Ledenyov theory on the origins of the IPO underpricing and long …

financial technology. The three plenary sessions focused on how can regulation “make markets work well” by Dr Matteo Aquilina … conference: “Financial Markets, Innovation and Regulation” …

This paper posits three phases in EU financial market regulation. First, for the 1990s, established scholarship … this analysis, characterising it as ‘public-private' regulation. Second, in the new millennium regulation shifted towards …