Footnote:
In: Applied Economics and Finance, Vol. 5, No. 2; March 2018
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments April 21, 2018 erstellt
Description:
In this paper we examine the extent newer developments affect the economic processes of the market and put financial markets at risk. We also analyze if the financial market regulations are sufficient to limit the systemic risk they cause. The biggest Shortcoming of the recent reforms to the stabilization of the financial system, such as Basel III and the American Dodd Frank Act, is that they increase the capital requirements rather than the causes of the increased risk. It would generally be better to forbid risky and complex financial products than to further increase regulation complexity and the capital requirements as in Basel III and the American Dodd Frank Act