Coverart for item
The Resource Regulating investor protection under EU law : the unbridgeable gaps with the U.S. and the way forward, Antonio Marcacci

Regulating investor protection under EU law : the unbridgeable gaps with the U.S. and the way forward, Antonio Marcacci

Label
Regulating investor protection under EU law : the unbridgeable gaps with the U.S. and the way forward
Title
Regulating investor protection under EU law
Title remainder
the unbridgeable gaps with the U.S. and the way forward
Statement of responsibility
Antonio Marcacci
Creator
Author
Subject
Language
eng
Summary
This book analyzes the legal system for the protection of retail investors under the European Union law of investment services. It identifies the regulatory leitmotiv driving the EU lawmaker and ascertains whether and to what extent such a system is self-sufficient, using a set of EU-made and EU-enforced rules that is essentially different and autonomous from the domestic legal orders. In this regard, the book takes a double perspective: comparative and intra-firm. Given the federal dimension of the US legal system and, thus, the zrole-modely it plays vis-à-vis the EU, the book compares the two systems. To fully highlight the existing gaps and measure how self-sufficient the EU system is against its American counterpart, the Union/Federal level as such is analyzed – i.e., detached from the national (in EU terms) and State (in US terms) level. Regulating Investor Protection under EU Law also showcases the unique intra-firm perspective from a European investment firm and analyzes how EU-produced public-law rules become a set of compliance requirements for investment services providers. This zwithin-the-firmy angle gauges the self-sufficiency of the EU system of retail investor protection from the standpoint of an EU-regulated entity. The book is intended for both compliance professionals and academic scholars interested in this topic while also including illustrative sections intended to provide a broader regulatory view for less-experienced readers.--
Member of
Assigning source
Provided by publisher
Cataloging source
N$T
http://library.link/vocab/creatorName
Marcacci, Antonio
Dewey number
346.4092
Index
no index present
LC call number
KJC6433
Literary form
non fiction
Nature of contents
dictionaries
http://library.link/vocab/subjectName
  • Investments
  • Financial services industry
  • Europe
Label
Regulating investor protection under EU law : the unbridgeable gaps with the U.S. and the way forward, Antonio Marcacci
Instantiates
Publication
Antecedent source
unknown
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
  • Intro; Dedication; Preface; Acknowledgments; Contents; List of Abbreviations; List of Tables; 1: Introduction; Bibliography; 2: Toward a European Regulatory Investor Protection Law; 2.1 Bank-Based Financial Systems versus Market- Based Financial Systems; 2.2 The EU Investor Protection Law: Its Completeness (Self-Sufficiency) and the Role of the Retail Investor; Bibliography; Part I: The Law-on-the-Books; 3: The Evolution of the EU Law of Financial Markets; 3.1 The Legal Bases of the EU Law of Financial Markets
  • 3.2 The Birth of the EC/EU Law of Financial Markets and Investment Services: The 1970s and the Early 1980s3.3 The First European Regulatory Wave: The 1985 White Paper and the 1986 Single European Act; 3.3.1 The 1985 Undertakings for Collective Investment in Transferable Securities (UCITS) Directive and Its Subsequent Amendments; 3.3.2 The 1994 Deposit-Guarantee Schemes Directive and the 1997 Investment Compensation Scheme Directive; 3.4 The Second European Regulatory Wave: The 1999 Financial Service Action Plan and the Lamfalussy Procedure
  • 3.4.1 The Legislative Output of the Financial Service Action Plan3.4.1.1 The 2003 Prospectus Directive; 3.4.1.2 The Retail Investor Enters the Scene: The 2004 Markets in Financial Instruments Directive-MiFID; 3.5 The Third European Regulatory Wave: The Legislative Response to the Financial Crisis; 3.5.1 The PRIIPs Regulation; 3.5.2 The MiFID II Package: Requirements for Firms and Powers for ESMA; 3.5.2.1 Product Governance; 3.5.2.2 Enforcement Under MiFID II: Product Intervention Powers; 3.5.3 The Prospectus Regulation
  • 3.6 An Increasingly More "Regulatory" EU Law of Investor Protection and the Resulting Growing Importance of the Compliance FunctionBibliography; 4: The Relationship Between an Investment Service Provider and a Retail Investor: EU and the United States Compared; 4.1 The Relationship Between Investment Firms and Investors in the EU: Public-Law Customer Categorization and Conduct-­of-­Business Rules; 4.1.1 Categorization of Clients; 4.1.2 Conflicts of Interest and Remuneration; 4.1.3 Inducements and Investment Advice; 4.1.4 Suitability and Appropriateness; 4.1.5 Information Disclosure
  • 4.1.6 Best Execution and Order Handling4.1.7 Product Governance; 4.2 The Relationship Between Broker-­Dealers/Investment Advisers and Investors in the United States: Suitability and Fiduciary Duty; 4.2.1 The Evolution of the US Financial Legislation and the Protection of Investors; 4.2.2 Information Disclosure; 4.2.3 Conflicts of Interest and Prohibited Remuneration-Linked Practices; 4.2.4 Best Execution; 4.2.5 Fiduciary Duty and Suitability; 4.2.5.1 Broker-Dealers: Shingle Theory and Suitability; 4.2.5.2 Investment Adviser: Fiduciary Duty
Dimensions
unknown
Extent
1 online resource
File format
unknown
Form of item
online
Isbn
9783319902968
Level of compression
unknown
Media category
computer
Media MARC source
rdamedia
Media type code
c
Quality assurance targets
not applicable
Reformatting quality
unknown
Sound
unknown sound
Specific material designation
remote
System control number
  • on1042329320
  • (OCoLC)1042329320
Label
Regulating investor protection under EU law : the unbridgeable gaps with the U.S. and the way forward, Antonio Marcacci
Publication
Antecedent source
unknown
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
  • Intro; Dedication; Preface; Acknowledgments; Contents; List of Abbreviations; List of Tables; 1: Introduction; Bibliography; 2: Toward a European Regulatory Investor Protection Law; 2.1 Bank-Based Financial Systems versus Market- Based Financial Systems; 2.2 The EU Investor Protection Law: Its Completeness (Self-Sufficiency) and the Role of the Retail Investor; Bibliography; Part I: The Law-on-the-Books; 3: The Evolution of the EU Law of Financial Markets; 3.1 The Legal Bases of the EU Law of Financial Markets
  • 3.2 The Birth of the EC/EU Law of Financial Markets and Investment Services: The 1970s and the Early 1980s3.3 The First European Regulatory Wave: The 1985 White Paper and the 1986 Single European Act; 3.3.1 The 1985 Undertakings for Collective Investment in Transferable Securities (UCITS) Directive and Its Subsequent Amendments; 3.3.2 The 1994 Deposit-Guarantee Schemes Directive and the 1997 Investment Compensation Scheme Directive; 3.4 The Second European Regulatory Wave: The 1999 Financial Service Action Plan and the Lamfalussy Procedure
  • 3.4.1 The Legislative Output of the Financial Service Action Plan3.4.1.1 The 2003 Prospectus Directive; 3.4.1.2 The Retail Investor Enters the Scene: The 2004 Markets in Financial Instruments Directive-MiFID; 3.5 The Third European Regulatory Wave: The Legislative Response to the Financial Crisis; 3.5.1 The PRIIPs Regulation; 3.5.2 The MiFID II Package: Requirements for Firms and Powers for ESMA; 3.5.2.1 Product Governance; 3.5.2.2 Enforcement Under MiFID II: Product Intervention Powers; 3.5.3 The Prospectus Regulation
  • 3.6 An Increasingly More "Regulatory" EU Law of Investor Protection and the Resulting Growing Importance of the Compliance FunctionBibliography; 4: The Relationship Between an Investment Service Provider and a Retail Investor: EU and the United States Compared; 4.1 The Relationship Between Investment Firms and Investors in the EU: Public-Law Customer Categorization and Conduct-­of-­Business Rules; 4.1.1 Categorization of Clients; 4.1.2 Conflicts of Interest and Remuneration; 4.1.3 Inducements and Investment Advice; 4.1.4 Suitability and Appropriateness; 4.1.5 Information Disclosure
  • 4.1.6 Best Execution and Order Handling4.1.7 Product Governance; 4.2 The Relationship Between Broker-­Dealers/Investment Advisers and Investors in the United States: Suitability and Fiduciary Duty; 4.2.1 The Evolution of the US Financial Legislation and the Protection of Investors; 4.2.2 Information Disclosure; 4.2.3 Conflicts of Interest and Prohibited Remuneration-Linked Practices; 4.2.4 Best Execution; 4.2.5 Fiduciary Duty and Suitability; 4.2.5.1 Broker-Dealers: Shingle Theory and Suitability; 4.2.5.2 Investment Adviser: Fiduciary Duty
Dimensions
unknown
Extent
1 online resource
File format
unknown
Form of item
online
Isbn
9783319902968
Level of compression
unknown
Media category
computer
Media MARC source
rdamedia
Media type code
c
Quality assurance targets
not applicable
Reformatting quality
unknown
Sound
unknown sound
Specific material designation
remote
System control number
  • on1042329320
  • (OCoLC)1042329320

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