"Opening Financial Markets is a model of extensive research and elegant exposition. It is a meticulous study of an increasingly important development in financial markets that will inform, guide, and please the lawyer, economist, banker, or policymaker."--Joseph Gold, Senior Consultant, International Monetary Fund "This well-reasoned comparative analysis of financial regulation in four industrialized countries . . . offers rich case-studies to students of public policy. . . . [A] welcome addition to the Cornell series, Studies in Political Economy."--International Journal