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Regulating Financial Markets – An Ltf Perspective, Katharina Pistor Jan 2019

Regulating Financial Markets – An Ltf Perspective, Katharina Pistor

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This chapter applies the “Legal Theory of Finance” (LTF) I developed in a paper, which was published in the Journal of Comparative Economics in 2013. Together with other research projects, conferences, and workshops conducted in the intervening period, this chapter illustrates the explanatory powers of the theory and its ramifications for the regulation of financial systems. I am grateful for the conference and this volume, and to the other authors in it who have tested LTF in application to new circumstances as they offer a good opportunity to step back and ask more basic questions about LTF:

  1. What is the …