Ritical evaluation of financial markets

ABSTRACT
The financial markets have been developed since decades as a body to over look the financial market operations and to impose necessary actions and laws to guide the financial market. The need to regulate the financial markets has become significant for many reasons. On the other hand, to regulate the financial markets has many disadvantages. Therefore, this paper will address the evaluation and regulations of financial markets in terms of its present situation the future prospect and standard in the financial market, though anticipating the risk of failure if the regulations are not adhered to and if the policies set by this body of regulation is put under threat.. The paper will also identify the reasons behind the regulation formation and what benefit it gives to the financial market including the risk involved, the protection of fraud and insolvency in the market, the purported theories behind the financial market regulations as well as mechanism put in place to actualized the objectives set up by the financial market operations. Then will examine the objectives of financial markets in order to explain significant of delegation of monitoring and enforcement of these regulations on the financial markets and agency issues of irregularities, over/ under prescription. In addition, we will highlight the drawbacks of the financial markets regulations, that is to say if the objectives and goals fails, whatas going to be the consequences to the financial market operation, the economic, the stakeholders and investors. Finally, the conclusion will provide the results of the comparison between the objectives and drawbacks to regulate financial markets.

My interest on this topic is based on the dynamic and global market expansion, also itas a new development in my country and it is going to be a very interesting experience.


The Required Citation System
Law citation systems differ however, the Law School the one that is adopted by most UK law journal broadly follows the Modern Humanities Research Association citation system for books, edited collections and journals. For Primary legal sources the Oxford Standard for Citation of Legal Authorities (OSCOLA). These systems are explained below.
Books

Authoras name(s), Title (in italics), then in brackets (Place of publication (the town or city), the Publisher and the date of publication. These latter details will normally be found on the reverse side of a title page
Note: the name of the author should be cited as it appears on the bookas title page.

Articles
Authoras name(s) title of the article, full name of the Journal, volume, number and in brackets the date, followed by the first and last page number of the article.
Note: the authors name should cited as it appears on the first page of the article.

Chapters in edited collections
Author(s) of the Chapter, title of the chapter, then followed by a?ina? name of the Editor(s) followed by (ed.), title of the book (in italics), the in brackets place of publication; publisher, date, followed by the first and last page number of the chapter.

Note: the name of the author of the chapter and the editor of the book should be cited as they appear at the beginning of the chapter and on the title page of the book

Contentious Cases should be cited as follows:
Name of the Case (at it appears in the citation which usually indicates topic), followed by the states that are involved dived by a a?va? for versus and in brackets. Then the stage of the litigation, if this is a judgment then the word a?judgmenta? if it is an order then a?ordera? with the date. This is completed with ICJ reports the date (of the year only) and the first page number. Here are examples:
[1] A Merits decision
Military and Paramilitary Activities in and against Nicaragua (Nicaragua v USA), Merits, Judgment, ICJ Reports, 1986, p 14.
[2] Jurisdiction and Admissibility stage
Military and Paramilitary Activities in and against Nicaragua (Nicaragua V USA), Jurisdiction and Admissibility, Judgment, ICJ Reports, 1984, p 393
[3] Provisional Measures
Military and Paramilitary Activities in and against Nicaragua (Nicaragua v USA), Provisional Measures, Order of 10 May 1984, ICJ Reports, 1984, p169.


Advisory Opinions should be cited as follows:
The name of the case as it appears in the official citation followed by a?ICJ Reports,a? the year and the page number, as the example below shows:
Legal Consequences of the Construction of a Wall in the Occupied Palestinian Territory, ICJ Reports, 2004, p 136.
Note: very recent cases may appear on the web-site before the official law report is produced in such cases on use the citation on the first or second page that you will find, which will comprise of the name of the case in bold, then follow this by ICJ and the list number of the case, followed by the date of the opinion or judgment. An example is below:
Accordance with International law of the Unilateral Declaration of Independence in respect of Kosovo, ICJ, General List No.141, 22 July 2010.
Note: ICJ judgments, opinions and provisional measures are written in paragraphs and when quoting from them it is conventional to cite the relevant paragraph (s) number (s).

Cross-References
Once you given the full citation you need not repeat it but you can then use a cross referencing system. If you referring in sequence to the same source the best form is to use Ibid if the page number changes the sources remains the same then insert the page number a thus a?ibid, 26.a? Ibid is the shortened version of the Latin Ididem meaning a?the same place.a?
If the reference is not sequential then either use of shortened from of the citation. For example:
If the full citation is Rosalyn Higgins, Problems and Process: International Law and How to Use It (Oxford: Clarendon Press, 1994) this could be simplified to: Higgins, Problems and Process.
Quotations
All quotations must be clearly marked and cited. Short quotations should appear in text and be in double quotations marks such as
Rosalyn Higgins usefully reminds us that a?law cannot alone achieve justicea? and that we cannot ignore social and political factors.
When quoting from an author who is themselves quoting that quotation should be placed in single quotation marks. The example is below
As Strawson points out a?this position was not inconsistent with colonialism and as Anghie has observed it provided that a?the international law... could embark on the next stage of the colonizing process.a His was to prove to be a highly conditional policya?
Long quotations over 4 lines of text should be separated from the immediate text by a line, and then be indented by 3 points a in word this appears under the Home menu under paragraph. When complete another line should spate the quotation from the next body of text. For Example:
The issue of the use of force in international law remains much in contention and many of the arguments concern the interpretation of the article 51 of the United Nations charter. This reads:
Nothing in the present Charter shall impair the inherent right of individual or collective self-defence if an armed attack occurs against a Member of the United Nations, until the Security Council has taken measures necessary to maintain international peace and security. Measure taken by the members in the exercise of self-defence shall be immediately reported to the Security Council and shall not in any way affect the authority and responsibility of the Security Council under the present Charter to take at any time such action as it deems necessary in order to maintain or restore international peace security.
As can seen the paragraph provides that states are able to use force to defend themselves without first seeking the authority of the Security Council. In addition we should note as the ICJ did in the Nicaragua case that the right of self-defence does not derive from the Charter but rather from customary international which the charter does no