BLP Seminars in Business & Society 2025 | How do stock exchange rules evolve? Evidence from the London Stock Exchange’s Alternative Investment Market (AIM)

Presented by the McGill Business Law Platform and McGill Sustainable Growth Initiative CIBC SGI Office for Sustainable Finance 

With Professor Jonathan Chan, McGill Faculty of Law

Abstract

Nearly all governments permit some degree of rule-making authority for stock exchanges and other private regulatory actors in the corporate context, yet there is relatively little empirical research on how rules evolve over time in self- or private regulatory environments. This Seminar will examine the London Stock Exchange’s Alternative Investment Market (AIM) as a case study of how private regulation develops within a broader context of public capital markets regulation, and address the broader debate concerning how much regulatory authority governments should permit stock exchanges and other self-regulatory actors to have. 

Bio

Jonathan Chan is an Assistant Professor at McGill University’s Faculty of Law. Professor Chan has published and presented his research on capital markets regulation and corporate law widely in North America, the UK, and Europe. Prior to joining McGill, Professor Chan taught at University College London (UCL) and the University of Oxford. He holds a DPhil in Law from the University of Oxford and a JD from the University of Toronto. 

Zoom link: https://mcgill.zoom.us/j/89642315558