ZADOROZHNA T. Regulation of the securities market in the context of globalization

The dissertation develops the theoretical provisions and the elaboration of practical recommendations for improving the regulation of the securities market of Ukraine in the context of globalization. Theoretical aspects of securities market regulation are considered. It is found that there is a clear dependence between the development of the securities market and the economic development of the country, which makes the regulation of the securities market an integral part of economic policy in many countries. Criteria on which it is expedient to classify the models of the state regulation of the market of securities are allocated: the degree of the state monopolization of market regulation functions; the distribution of powers between state regulators of different financial market segments; the localization of jurisdictions covered by the regulation. It is established that the classification of supervisory models based on the division of powers between state regulators of different financial market segments (Sectoral model, Partially integrated model (Twin Peaks, Two Agency) and Megaregulator / integrated model) demonstrates the evolution of the state regulation system of the financial market. It is concluded that the forms of regulation create the preconditions for the formation of regulation concepts and the methods of regulation reflect the mechanism of influence on a particular securities market.