Jadwiga Glanc, Piotr Osiewacz
2015 Ekonomia i Prawo.  
This article deals with a new informational problem in the financial markets and shows how increasing reliance on standardized sources of information (rating agencies, financial media, journals etc.) can potentially lead to crises. It examines the way in which the problem of information on the markets has changedpartly as a result of current legal frames on disclosure and information obligation. Furthermore, it links the phenomenon of increasing reliance on information sources to the current
more » ... s to the current problems and deficiencies of investment decisions. The analysis examines the standard legal responses of the financial markets in order to search for a viable solution to the problem of market deficiencies in this regard. Attention is drawn to a serious flaw in the financial markets and to an increasing shift of power towards private information-supplying entities, all of which could lead to disruptions of financial stability in the future. Glanc J., Osiewacz P., The second-generation informational problem in the financial markets, 0,Ekonomia i Prawo.
doi:10.12775/eip.2015.022 fatcat:v2rmleerzrh2deinadjhex4tyy