Regulation of financial markets: russian and foreingh practice

Abstract

This article focuses on the reasons for regulation and supervision of financial markets. Financial markets are among the most regulated sectors of Western countries and Russia. The author considers characteristic features of the financial regulators functioning. Also role of the regulators and feature of their activities in the leading countries of the world and Russia are analysed in the article. In conclusion the problem of creation of the megaregulator in Russia is briefly considered.