The Global Securities Market: Introductory Remarks

Thursday, January 1st, 1987 at 12:00 am by Michael Gruson
Michael Gruson, The Global Securities Market: Introductory Remarks, 1987 Colum. Bus. L. Rev. 303

The purpose of this symposium is to seek answers to questions which have arisen from the phenomenon of globalization. For instance, we will ask: What are the forces behind this development? Why has globalization affected different types of securities differently? How will legal systems which are still structured along national lines cope with globalization? Will the new worldwide market, which has so far developed in the context of an expansion, remain with us, or will it disappear if market growth is not sustained?

Author Information

Mr. Gruson is a partner at Shearman & Sterling, New York. He was recently appointed chairman of the Subcommittee on Regulation and Supervision of International Lending of the ABA Committee on International Financial Transactions.