01597cas a2200241 a 4500 AALejournalIMF002010 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451854183 1018-5941 BD-DhAAL BD-DhAAL Elliott, Jennifer. Demutualization of Securities Exchanges : A Regulatory Perspective / Jennifer Elliott. Washington, D.C. : International Monetary Fund, 2002. 1 online resource (30 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Demutualization is a term used to describe the transition of a securities exchange from a mutual association of exchange members operating on a not-for-profit basis to a limited liability, for-profit company accountable to shareholders. Demutualization in its many forms has become a widespread phenomenon-one with increasing appeal in emerging market countries. Demutualization challenges the traditional approach to supervision of securities exchanges and raises issues regarding their role in the regulation and supervision of capital markets. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2002/119 Full text available on IMF http://elibrary.imf.org/view/journals/001/2002/119/001.2002.issue-119-en.xml IMF e-Library