kaal:claim:1664809-037

If national securities regulators are unable or unwilling to cooperate with each other, there is likely to be more securities fraud.

Source quote, verbatim

If national securities regulators are unable or unwilling to cooperate with each other, there is likely to be more

From

Richard W. Painter, Wulf A. Kaal, Extraterritorial Application of US Securities Law – Will the US Become the Default Jurisdiction for (2010), 4.8. Diplomacy, p. 8
https://ssrn.com/abstract=1664809 · source PDF

Cite as

Richard W. Painter, Wulf A. Kaal, Extraterritorial Application of US Securities Law – Will the US Become the Default Jurisdiction for (2010). SSRN: https://ssrn.com/abstract=1664809

Holds when

cross-border securities markets with multiple national regulators

Classification

mechanismsupport: arguedsecurities-lawcompliance

Related claims

extended_by kaal:claim:1765901-033 Changing national rules in a spirit of cooperation among states and regulators is more productive for preventi...

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