Market processes suggest legal figures that are applied effectively and efficiently. In the Ecuadorian case, it is essential for legal institutions to be strong, which implies formality and stability. However, for this to happen, it is necessary to implement legal reforms to improve market regulation. For this reason, this article aims to examine, utilizing the analytical-conceptual, economic, and normative method, certain legal structures with their rules of the game, highlighting those barriers in the rules of entry, permanence and exit from the market.
Keywords: financial market, business, economic system, legal reform, law enforcement.
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