کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
10487984 936656 2005 22 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Highwaymen or heroes: Should hedge funds be regulated?
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد، اقتصادسنجی و مالیه (عمومی)
پیش نمایش صفحه اول مقاله
Highwaymen or heroes: Should hedge funds be regulated?
چکیده انگلیسی
There are increasing calls for the regulation of hedge funds, both for consumer protection and systemic reasons. We argue that the consumer protection arguments for direct regulation are not convincing, but find that the systemic concerns are sufficiently serious to warrant some forms of regulation. Existing regulatory methods, disclosure and activity restrictions, are unsuitable for hedge funds. Any future regulation must reduce the likelihood and potential costs of the failure of systemically important hedge funds while at the same time preserving the wider market benefits of hedge funds' ongoing activities.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Financial Stability - Volume 1, Issue 4, October 2005, Pages 522-543
نویسندگان
, , ,