Securities Regulation
Financial Derivatives and the Costs of Regulatory Arbitrage
Frank Partnoy
- Year
- 1997
- Venue
- Journal of Corporation Law
- Level
- Advanced
Summary
Examines how derivatives can reproduce regulated economic positions while changing their formal legal classification. The article makes the compliance costs, distributional effects, and institutional limits of rule-based financial regulation visible.
Citation
Frank Partnoy. "Financial Derivatives and the Costs of Regulatory Arbitrage." Journal of Corporation Law, 1997.
BibTeX
@article{Partnoy1997Financial,
title = {Financial Derivatives and the Costs of Regulatory Arbitrage},
author = {Frank Partnoy},
year = {1997},
journal = {Journal of Corporation Law},
url = {https://www.law.berkeley.edu/law-library/resources/cvs/Partnoy.pdf}
}