Fahad Ali Al-Zumai

Abstract

This research studies the evolution of commercial laws during financial crises and the reciprocal relationship between the development of commercial laws and financial and economic crises. The paper is divided into four sections. The first section offers an overview of the historical development of commercial laws in light of various financial crises, especially in the United States of America, since the beginning of the 20th century. The second section addresses the impact of the financial crisis that hits the world economy in 2008. It also looks at the legislative interventions of an economic nature. The third section deals with the legislative interventions in the United States of America, as a result of the financial crisis of 2008. It highlights the reforms that took place in the financial sector resulted in the introduction of one of the most current important legislation. This section also addresses the most important legislative objectives of the law of financial reform and then moves to the so-called “Volcker Rule”. Finally, this section reviews the legal framework of “Whistleblower Protection Policy”, and deals with the legal framework of systematic risk companies “Too Big to Fail”.

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Keywords

Commercial law
Financial law
Financial crisis
Evolution of commercial laws
Dodd-Frank Wall Street Reform
Volcker Rule
Whistleblower Protection Policy
Systematic risk companies

References
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How to Cite
Al-Zumai ف. ع. (2019). A Darwinian Perspective on the Evolution of Commercial Laws in Financial Crisis. International Review of Law, 2018(2&3). https://doi.org/10.29117/irl.2018.0026
Section
Articles in Arabic