Abstract

This thesis examines the integration of securities regulation in Europe, focusing on the interpenetration of national securities markets and the protection of investors. It argues for the establishment of a European Securities and Exchange Commission (ESEC) to oversee this integration. The paper discusses the European Community’s efforts to establish a community-wide financial market by 1992 as part of its drive for a unified ‘Single Market’. It also highlights the challenges and risks of financial integration, emphasizing the need for investor protection. The thesis concludes that a unified European financial market offers significant opportunities for growth and profit but requires adequate regulatory oversight.

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