In the wake of the recent financial crisis, we have entered a highpoint of the regulatory cycle perhaps not matched since the Great Crash of 1929. But in searching for new foundations for a regulatory regime capable of forestalling the next Crisis, we have learnt much more than our forebears about the nature of investors decision-making, biases, internal contradictions and stabilising properties. This may yet help us as the regulatory response to the financial crisis emerges.
We seek papers concerning current regulatory interventions, which include but are not restricted to:
- Recent recommendations for the overhauling of self-regulatory procedures amongst banks and other financial institutions
- The ineffective nature of Sarbox reforms and their irrelevance to the emerging Crisis
- The monitoring and control of conflicts of interest, between fund managers and Financial Directors/CFOs and analysts and their clients
- The certification and control of investment products as suitable for retail investors,
- The regulation and control of Hedge Funds and Sovereign Wealth Funds, the rise of a new investor activism
- The economics and policy wisdom of restrictions on short-selling
- Representations of and potential bias in perceiving institutional "connectedness" and the consequent dangers of institutions becoming or remaining "too connected to fail"
- The degree to which a financial order is "grown not made", via the evolution of appropriate norms of how trade is conducted
Deadline for the manuscript submission: 31 January 2011
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