Anglo-American Securities Regulation: Cultural and Political Roots, 1690-1860

by Stuart Banner

Overview

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.

Product Details

ISBN-13:	9780521622318
Publisher:	Cambridge University Press
Publication date:	09/10/1998
Pages:	340
Product dimensions:	6.22(w) x 9.29(h) x 1.02(d)

Table of Contents

Introduction; 1. English attitudes toward securities regulation at its inception, 1690–1720; 2. The South Sea bubble and English law, 1720–1722; 3. English securities regulation in the eighteenth century; 4. The development of American attitudes toward securities trading, 1720–1792; 5. American securities regulation, 1789–1800; 6. American attitudes toward securities trading, 1792–1860; 7. American securities regulation, 1800–1860; 8. Self-regulation by the New York brokers, 1791–1860; Conclusion; Bibliography; Index.

Editorial Reviews

"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 work..." Herbert Sloan, William and Mary Quarterly

"...Banner's is an excellent book..." Richard Sylla, Journal of Interdisciplinary History

"...this is an interesting and well-written book which can and should be read wuth profit by legal, economic, and financial historians." The International History Review

"...a major contribution to the interaction between legal history and economic history and theory." Journal of Economics

"Stuart Banner's Anglo-American Securities Regulation provides a well-written, informative, and entertaining treatment of a complex subject...[future scholars] will have a formidable challenge achieving the standards of this study." The Journal of American History

"This book will be of great interest not only to legal historians but to social and economic historians as well...This is an excellent book from which much can be learned about the development of a vital form of modern property." Law and History Review

From the Publisher