Anglo-American Securities Regulation Cultural and Political Roots, 1690}}}1860 [Paperback]

A history of the law governing the earliest stock markets in England and the United States.This book examines the regulation of the earliest securities markets in England and the United States, from their origins in the 1690s until the 1850s. It argues that during the reign of Queen Anne, a complex and moderately effective body of regulatory control was already extant.This book examines the regulation of the earliest securities markets in England and the United States, from their origins in the 1690s until the 1850s. It argues that during the reign of Queen Anne, a complex and moderately effective body of regulatory control was already extant.This book examines the regulation of the earliest securities markets in England and the United States, from their origins in the 1690s through the 1850s. Professor Banner argues that during the reign of Queen Anne a complex and moderately effective body of regulatory control was already extant, reflecting widespread Anglo-American attitudes toward securities speculation. He uses traditional legal materials as well as a broad range of nonlegal sources to show that securities regulation has a much longer ancestry than is often supposed.Introduction; 1. English attitudes toward securities regulation at its inception, 16901720; 2. The South Sea bubble and English law, 17201722; 3. English securities regulation in the eighteenth century; 4. The development of American attitudes toward securities trading, 17201792; 5. American securities regulation, 17891800; 6. American attitudes toward securities trading, 17921860; 7. American securities regulation, 18001860; 8. Self-regulation by the New York brokers, 17911860; Conclusion; Bibliography; Index. Banner (Washington Univ.) has written an interesting and thorough account of the evolution of securities market regulation. Choice This excellent book could not have appeared at a more appropriate time... Thomas V. DiBacco, History ...[a] well-written and thoroughly conceived lc9