UNEVEN REGULATORY TREATMENT OF DIFFERENT FUNDED POSITIONS – REGULATORY ARBITRAGE OPPORTUNITY

• Authors: Małgorzata Karaś
• Languages of publication: EN

Abstracts

EN

Regulations treating in a diversified way different types of funded positions introduced over decades, do not take into consideration the increasing opportunities of financial innovation and regulatory arbitrage. These opportunities seem to significantly benefit the most sophisticated market agents, for whom this costly opportunity makes economic sense as they typically engage in gigantic transactions. However, the answer to the question of whether such a diversified system of regulations is socially desirable seems to be negative.

Keywords

EN

Securities;; funded positions;; regulatory arbitrage;

• Publisher: Wyższa Szkoła Informatyki i Zarządzania z siedzibą w Rzeszowie
• Journal: Finansowy Kwartalnik Internetowy e-Finanse
• Year: 2013
• Volume: 9
• Issue: 4
• Pages: 48-52

Dates

published

2014-04-17

Contributors

author

Małgorzata Karaś

• Warsaw School of Economics