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Regulation of big get along-Euronext InvestmentsAccording to a report published in The pecuniary Times , the acquisition of Euronext by big board Group Inc . would work the largest shopworn market in the terra firma . The Euronext withdraw is judge to be the next big issue to change NYSE s life as a stock transmute . Shargonholders absorb already ap designated of NYSE s deal to unite with the pan-European fill in Euronext , establishing the start transatlantic equities exchange in the process . Regulators in some(prenominal)(prenominal) the coupled States and in Europe support sign(a) an agreement on the question of market oversight of the irreverent transatlantic equities exchange . A memorandum of understanding that both parties had to agree on has confirmed that hostile companies that invest by means of t he transatlantic stock exchange will non be adequate to(p) to the laws that are national to the countries in which the exchanges are rigid . At present , the Euronext exchanges are based in Belgium genus Paris , Portugal , and the Netherlands (Flaherty , 2007According to the new agreement , a U .S . family that invests by dint of Belgium s exchange , for example , will not be bow to the corporate laws of Belgium . A European company that invests by the NYSE would similarly not be subject to the finance-related laws of the unify States . I believe that this agreement is central to the success of the first transatlantic equities exchange in the human . If foreign companies were to be subject to the domestic laws of nations that are foreign to them , countless investors would be deter from making profits through the biggest stock market in the world . Complying with domestic laws is already seen as a incrust , and a requirement to comply with foreign laws powerfulness prove to be quite costly to the organizati! onREGULATION OF NYSE-EURONEXT INVESTMENTSPage 2The Sarbanes-Oxley Corporate repossess take on of 2002 in the United States sets various conditions for the open companies around the state of matter which many organizations believe cost them a great deal of money .

The human action mechanism calls for elaborate processing of monetary reports by government-appointed entities such as the SEC , in to check the fellow of duplicity in the financial pictures of companies . Fortunately merely , the Act does not imply foreign companies that are commit in the NYSE . The United States is not responsible for checki ng fraud in a french company , for instance , even if the French company is investing through the NYSEIf domestic laws were to encompass foreign companies to boot , the world s largest stock exchange would certainly visualize major financial losses . The memorandum of understanding amidst NYSE and Euronext rules out the casualty of such losses by making it easier for investors to use the blessings of globalization through the first transatlantic exchange . Although the potential for fraud in financial describe cannot be discounted , domestic laws should be ensuring that fraud is checked in domestic organizations alone . Where domestic laws are lax however , it may very wellhead be that there would be fraudulent financial practices infiltrating the chore of the world s largest stock exchange . Financial...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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