Title: Legal Reflections of American Financial Crisis
Abstract: From a legal perspective, the main reasons for 2008 American financial crisis include the deviation from ideas of financial supervision, the lack of financial regulatory powers under deregulation,the defects of the existing regulatory system and the errors of monetary policies.To prevent or reduce the occurrence of financial crisis, therefore, we must correctly deal with relationships among financial freedom ,financial supervision and financial innovation to make the financial regulation and supervision advance constantly with the development of financial innovations.
Publication Year: 2010
Publication Date: 2010-01-01
Language: en
Type: article
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