Show simple item record

dc.contributor.authorGiudici, P
dc.date.accessioned2015-06-18T15:59:41Z
dc.date.available2015-06-18T15:59:41Z
dc.date.issued2014
dc.identifier.issn2284-2934
dc.identifier.urihttp://hdl.handle.net/10863/686
dc.description.abstractIt is widely shared, especially among Italian lawyers, the view that financial regulation interferes with contract law in order to correct asymmetric information. This article shows, instead, that financial regulation interferes with a large part of the contracts used in financial markets in order to govern third-party effects of those contracts. The article analyzes some of the contracts where those third-party effects are present and how regulation tackles the problem of contract extension. The article shows that there are new contracts where the problem arises, e.g. the market maker or the liquidity provider contract. Accordingly, the article offers a completely different perspective on a significant part of the interaction between financial regulation and contract law. It is widely shared, especially among Italian lawyers, the view that financial regulation interferes with contract law in order to correct asymmetric information. This article shows, instead, that financial regulation interferes with a large part of the contracts used in financial markets in order to govern third-party effects of those contracts. The article analyzes some of the contracts where those third-party effects are present and how regulation tackles the problem of contract extension. The article shows that there are new contracts where the problem arises, e.g. the market maker or the liquidity provider contract. Accordingly, the article offers a completely different perspective on a significant part of the interaction between financial regulation and contract law.en_US
dc.titleRegolazione finanziaria ed esternalità del contratto: I contratti rivolti ai terzien_US
dc.typeArticleen_US
dc.date.updated2015-05-22T10:04:11Z
dc.language.isiIT-IT
dc.journal.titleRivista della regolazione dei mercati
dc.description.fulltextinternalen_US


Files in this item

FilesSizeFormatView

There are no files associated with this item.

This item appears in the following Collection(s)

Show simple item record