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BLP Seminars in Business & Society 2025 | How do stock exchange rules evolve? Evidence from the London Stock Exchange’s Alternative Investment Market (AIM)
Presented by the 9IÖÆ×÷³§Ãâ·Ñ Business Law Platform and 9IÖÆ×÷³§Ãâ·Ñ Sustainable Growth Initiative CIBC SGI Office for Sustainable FinanceÂ
°Â¾±³Ù³óÌý±Ê°ù´Ç´Ú±ð²õ²õ´Ç°ù Jonathan Chan, 9IÖÆ×÷³§Ãâ·Ñ Faculty of Law
Abstract
Nearly all governments permit some degree of rule-making authority for stock exchanges and other private regulatory actors in the corporate context, yet there is relatively little empirical research on how rules evolve over time in self- or private regulatory environments. This Seminar will examine the London Stock Exchange’s Alternative Investment Market (AIM) as a case study of how private regulation develops within a broader context of public capital markets regulation, and address the broader debate concerning how much regulatory authority governments should permit stock exchanges and other self-regulatory actors to have.Â
Bio
Jonathan Chan is an Assistant Professor at 9IÖÆ×÷³§Ãâ·Ñ’s Faculty of Law. Professor Chan has published and presented his research on capital markets regulation and corporate law widely in North America, the UK, and Europe. Prior to joining 9IÖÆ×÷³§Ãâ·Ñ, Professor Chan taught at University College London (UCL) and the University of Oxford. He holds a DPhil in Law from the University of Oxford and a JD from the University of Toronto.Â