Rules and Regulators

Julia Black's book is the first authoritative study of rulemaking in one of the most important areas of economic life: financial services. The author draws on theoretical and empirical studies in jurisprudence, linguistics, economics, politics, and sociology in order to understand and evaluate the formation and uses of rules in financial services regulation. Her main case study, examining the use of self-regulation in the financial services sector, complements the detailed analysis of rule formation and uses. The book will be an invaluable addition to the libararies of all administrative lawyers and anyone with an interest in the provision and regulation of financial services.