Maintaining Financial Market Stability during Covid-19 Pandemic: A Case Study of the US Securities and Exchange Commission’s Regulatory Responses and Crisis Management Measures

TY - JOUR

T1 - Maintaining Financial Market Stability during Covid-19 Pandemic: A Case Study of the US Securities and Exchange Commission’s Regulatory Responses and Crisis Management Measures

AU - Lu, Lerong

AU - Cappuzzello, Sergio Martin

PY - 2021/11

Y1 - 2021/11

N2 - This article provides an in-depth and comprehensive analysis of regulatory measures taken by the US Government to mitigate the negative effects of the Coronavirus pandemic (Covid-19) on its economy and financial markets. It focuses on the actions of the US Securities and Exchange Commission (SEC) which is in charge of the making and enforcement of capital markets regulations. This article looks at regulatory responses to the previous financial crisis to see if the regulator has learned lessons from the past experience of crisis management. It also considers the difference of the current crisis and assesses the effectiveness of the SEC’s recent regulatory measures, addressing both positive or negative impacts. This article seeks to understand the strategies that the SEC has implemented to help the financial markets survive the pandemic as well as studies the concrete measures that make the crisis less traumatic for all market participants.

AB - This article provides an in-depth and comprehensive analysis of regulatory measures taken by the US Government to mitigate the negative effects of the Coronavirus pandemic (Covid-19) on its economy and financial markets. It focuses on the actions of the US Securities and Exchange Commission (SEC) which is in charge of the making and enforcement of capital markets regulations. This article looks at regulatory responses to the previous financial crisis to see if the regulator has learned lessons from the past experience of crisis management. It also considers the difference of the current crisis and assesses the effectiveness of the SEC’s recent regulatory measures, addressing both positive or negative impacts. This article seeks to understand the strategies that the SEC has implemented to help the financial markets survive the pandemic as well as studies the concrete measures that make the crisis less traumatic for all market participants.

KW - The US Securities and Exchange Commission

KW - SEC

KW - COVID‐19

KW - Financial Stability

KW - Financial Regulation

KW - Capital Market

KW - Securities Regulation

KW - Crisis Management

KW - US

M3 - Article

SN - 1742-6812

VL - 36

SP - 515

EP - 523

JO - Journal of International Banking Law and Regulation

JF - Journal of International Banking Law and Regulation

IS - 12

ER -