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Authors

Jose M. Mendoza

Keywords

capital markets, shift, international, U.S. financial market, global economy, Enron collapse, Enron, dot com, bubble burst, regulatory, burden, U.S. Securities framework, favor delisting, public company, regulation, specialized market, global regulatory competition, securities regulators, stock exchange, competing trading fora, reform in the U.S., regulatory stringency, securities regulation, social welfare, cost-benefit, investor protection, compliance, optimal securities framework, prophylactic regulation, liquidity, equity, public companies, capital market, 2002 Sarbanes-Oxley Act, SOX, market crash, 1929, securities act of 1933, securities exchange act of 1934, fraudulent, long-term benefits, securities and exchange commission, sec, Arthur Levitt, U.S. regulation, Paulson Report, Henry Paulson, Report of the Committee on Capital Market Regulation, competitiveness, Commission on the Regulation of US Capital markets in the 21st Century, OTCQX, Alternative Investment Market, AIM, broad approach, global market, heterogeneous venues, market integrity, liquidity pool, small-cap companies, London Stock Exchange, LSE, National Association of Securities Dealers Automated Quotations, NASDAQ, New York Stock Exchange, NYSE, mid-cap companies, mandatory regulation, European Union Directives, transaction costs, listed firms, exchange-regulated markets, listing standards, nominated adviser, private consultant, initial public offerings, Borsa Italiana, Mercato Expandi, Irish Enterprise Exchange, Euronext, Alternext venue, Deutsche Borse, “Entry Standard, ” Nordic OMX, First North tier, European securities markets, regulatory race, “New Markets, ” European low-cost market, international cross-listings, AIM’s regulatory model, low-cost listing venues, funding gap, sufficient disclosure, transparency, cost/benefit structure, regulatory model, listing venue, high-growth firms.

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