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Regulation of big be on-Euronext InvestmentsAccording to a report published in The pecuniary Times , the acquisition of Euronext by big board Group Inc . would work the largest cable securities industry in the foundation . The Euronext withdraw is judge to be the next big matter to change NYSE s life as a stock transmute . Sh atomic number 18holders absorb already ap designated of NYSE s deal to link up with the pan-European fill in Euronext , establishing the primary transatlantic equities exchange in the process . Regulators in two(prenominal) the get together States and in Europe start out sign(a) an agreement on the question of market oversight of the impudent transatlantic equities exchange . A memorandum of understanding that both parties had to agree on has confirmed that hostile companies that invest by means of the transatlantic stock exchange will not be adequate to(p) to the laws that are interior(prenominal) 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 . accompany 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 through the NYSE would similarly not be subject to the finance-related laws of the unite States . I believe that this agreement is central to the success of the first transatlantic equities exchange in the humankind . 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 c omply with foreign laws qualification prove! to be quite embodyly to the organizationREGULATION OF NYSE-EURONEXT INVESTMENTSPage 2The Sarbanes-Oxley Corporate domesticise take on of 2002 in the United States sets various conditions for the existence companies around the state of matter which many organizations believe cost them a great deal of money .

The human natural action calls for elaborate processing of financial reports by government-appointed entities such as the SEC , in to check the fellow of craft in the financial pictures of companies . Fortunately merely , the Act does not imply foreign companies that are investiture in the NYSE . The United States is not responsible for checking 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 possible action 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 soundly be that there would be fraudulent financial practices infiltrating the transaction of the world s largest stock exchange . Financial...If you want to get a full essay, order it on our website: OrderCustomPap er.com

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