Policing the Markets: Inside the Black Box of Securities Enforcement

· Routledge
3.8
5 reviews
Ebook
256
Pages
Eligible
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About this ebook

Set against the backdrop of the recurring waves of financial scandal and crisis to hit Canada, the US, the UK, and Europe over the last decade, this book examines the struggles of securities enforcement agencies to police the financial markets. While allegations of regulatory failure in this realm are commonplace and are well documented in policy and legal scholarship, James Williams seeks to move beyond these conventional accounts arguing that they are based on a limited view of the regulatory process and overlook the actual practices and dilemmas of enforcement work. Informed by interviews with police, regulators, lawyers, accountants, and investor advocates, along with a wealth of documentary materials, the book is rooted in a uniquely interdisciplinary social science perspective. Peering inside the black box of enforcement, it examines the organizational, professional, geographical, technological, and legal influences that shape securities enforcement as a distinctly knowledge-based enterprise. The result of these influences, Williams argues, is the production of a very particular vision of financial disorder which captures certain forms of misconduct while overlooking others, a reflection not of incompetence or capture but of the unique demands and constraints of the regulatory craft. Providing a very different, and much needed, account of the challenges faced by regulators and enforcement agencies, this book will be of enormous interest to current research on enforcement, regulation, and governance both within and beyond the financial realm.

Ratings and reviews

3.8
5 reviews
Daire O Broin
July 13, 2023
Bizarre that he has this seemingly solid work compared with all the nonsense scam books he's shovelled out - unless Google Play Books have mistakenly lumped two James Williams together
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Kelash Buagore
May 30, 2024
Thanks by on Rd BC yvyl MBT ce ln bgjui cec
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About the author

James W. Williams is an Associate Professor at the Department of Social Science, York University. He has authored numerous journal articles on the policing of economic crime and the governance of financial markets, published in journals such as Economy and Society and the British Journal of Criminology.

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