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Book review: Exploring technology and regulation in finance

We should think creatively about how to design optimal regulations so that financial technology leads to a safer economy and more balanced opportunities for all

IN A History of Financial Technology and Regulation: From American Incorporation to Cryptocurrency and Crowdfunding, author Seth Oranburg highlights recent changes to the world of finance by exploring the role of technology within it, including unit trust funds, cryptocurrencies and the stock market.

The chapters begin with historical analogy and basic principles, and goes on to describing complex digital investment strategies and instruments. Readers will gain an understanding of key concepts in financial regulation, including how laws and regulations prevented some financial crises while facilitating others.

The author concludes with ideas about where finance is trending and how the law should...

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