which theories of regulation (public interest? capture? economic interest group?) explain the decision made by Johannesburg's stock exchange.

State 2 theories concerning this decision and discuss.

to amend its listing requirements concerning :

1-Doubling the notice period before new stocks start trading.

2-Proposes greater disclosure when directors use shares as collateral.

3-Supports plans for information on short-selling transactions to be made public.

Causes:

1-The amendments are a proactive response to corporate scandals, speculation and innuendo that characterised South African financial.

2-That came to review its responsibilities and strengthen aspects of regulation to strengthenfinancial marketand to protect investors and that investors can make informed investment decisions and especially disclosure.

3-That the amendments we have made to the Listing Requirements will be enabling for listing companies and investors, taking into account the ever changing and evolving local and global financial markets framework.

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4-The objective of the amendments is to protect investors by enhancing disclosures, strengthening corporate governance and improving the integrity of financial information.