Market Volatility, Manipulation, and Regulatory Response: A Comparative Study of Bombay and

@inproceedings{Uppal2006MarketVM,
  title={Market Volatility, Manipulation, and Regulatory Response: A Comparative Study of Bombay and},
  author={Jamshed Y. Uppal and Inayat Ullah Mangla},
  year={2006}
}
As the stock markets of the developing countries grow and assume a more prominent role in the economy, the regulatory framework continues to evolve alongside. Functions of a market regulator include enhancing disclosure of information and preventing the misuse of asymmetric or insider information, thereby increasing efficiency of intermediation by financial markets with respect to savings, price discovery, allocation of investment, and the pricing and hedging of risk. Regulatory agencies can… 

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