A History of Financial Technology and Regulation

Seth C. Oranburg is an award-winning scholar on Law & Entrepreneurship. His work on Securities Regulation is published in multiple languages and selected as some of the best articles in the field. His scholarship is praised as informative, interesting, and easily readable. He teaches Business Associations, Contracts, Financial Skills and Venture Capital Law at Duquesne University.

• The First Era: The Wild West: 1. Under a buttonwood tree; 2. The golden spike; 3. Roar and crash; The Second Era: Electric Light: 4. A new deal; 5. Computational asymmetry; 6. Silicon valley; The Third Era: Social Media Investing: 7. The dot.com bubble; 8. Social media activism; 9. Cryptographic theory and decentralized finance; 10. Cryptocurrency regulation; 11. Crowdfunding.

'A History of Financial Technology is not just mandatory reading for anyone who wants to understand the ongoing relationship between the private world of investment and the government's insistence on regulation, it is also a page-turner for newcomers as well as seasoned observers of the world of business. It helps the reader to see why the world of cryptocurrencies and Shark Tank has much in common with earlier developments in business history. The market innovates in the shadow of legal rules, and then more regulation arises, whether the market has hiccupped or is simply perceived as too powerful. Read it from beginning to end and you will have insights as well as the best topic for dinner conversations.' Saul Levmore, William B. Graham Distinguished Service Professor of Law and former Dean, University of Chicago Law School