Comparing European and U.S. Securities Regulations: Mifid

Comparing European and U.S. Securities Regulations: Mifid Versus Corresponding U.S. Regulations (World Bank Working Papers Book 184)

This paper, aimed at professionals, scholars, and government officials in the field of securities regulations, compares the European (specifically the Market in Financial Instruments Directiveâ€”MiFID) and U.S. securities regulations. The analysis focuses on the regulatory and supervisory framework, trading venues, and the provision of investment services. We show that although there may be regional differences in the structure and rules of current securities regulation, the objectives and some outcomes of regulation are comparable. Similarly, as the current global financial and economic crisis exposed gaps in securities regulations worldwide, regulators in both regions face similar challenges. This study will be particularly useful for World Bank member countries that are looking at either the European or U.S. regulations when conducting market reforms.
Country USA
Manufacturer world bank publications
Binding Kindle Edition
ReleaseDate 2010-01-12
Format Kindle eBook

Comparing European and U.S. Securities Regulations: Mifid Versus Corresponding U.S. Regulations (World Bank Working Papers Book 184)