La crise de la régulation par la sanction ex post: les nouvelles voies de la régulation financière, de la crise des subprimes au trading haute fréquence

Frédéric Marty, Thierry Kirat, Hugues Bouthinon-Dumas () and Amir Rezaee
Additional contact information
Hugues Bouthinon-Dumas: ESSEC Business School
Amir Rezaee: ISG - ISG International Business School [Paris]

Post-Print from HAL

Abstract: Unaltered operation of the financial markets and the protection of investors and savers require the implementation of financial regulation to prevent and punish illicit practices such as failure to comply with rules and market abuse. The increasing complexity of financial activities may make it more difficult to characterize unlawful practices and thus deter them by financial or pecuniary sanctions in litigation proceedings. This article explores the interests and limitations of three of the ways in which the financial regulator can respond to these challenges: the use of settlements, the implementation of procedural regulation strategies, and the use of algorithmic regulation devices

Keywords: ALGORITHMES; INCITATIONS; REGULATION FINANCIERE; PROCEDURES NEGOCIEES; SANCTIONS (search for similar items in EconPapers)
Date: 2020-05-02
References: Add references at CitEc
Citations:

Published in Droit et Société : Revue internationale de théorie du droit et de sociologie juridique, 2020, 1 (104), pp.71-88. ⟨10.3917/drs1.104.0071⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-02561198

DOI: 10.3917/drs1.104.0071

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().