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• W3122665682 abstract "ABSTRACT The U.S. system of securities law was designed more than 70 years ago to regain investors' trust after a major financial crisis. Today we face a similar problem. But while in the 1930s the prevailing perception was that investors had been defrauded by offerings of dubious quality securities, in the new millennium, investors' perception is that they have been defrauded by managers who are not accountable to anyone. For this reason, I propose a series of reforms that center around corporate governance, while shifting the focus from the protection of unsophisticated investors in the purchasing of new securities issues to the investment in mutual funds, pension funds, and other forms of asset management." @default.
• W3122665682 created "2021-02-01" @default.
• W3122665682 creator A5047005082 @default.
• W3122665682 date "2009-03-11" @default.
• W3122665682 modified "2023-10-16" @default.
• W3122665682 title "The Future of Securities Regulation" @default.
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• W3122665682 doi "https://doi.org/10.1111/j.1475-679x.2009.00331.x" @default.
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