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1. Introduction 2. Background of Capital Markets 2.1 Historical Development 2.2 Key Participants 2.3 Functions and Importance 3. Overview of Commercial Law 3.1 Definition and Scope 3.2 Historical Context 3.3 Role in Economic Systems 4. Regulatory Changes in Capital Markets 4.1 Recent Legislative Reforms 4.2 Impact of Financial Crises 4.3 Regulatory Bodies and Their Roles 4.4 International vs. Domestic Regulations 5. Effects on Market Participants 5.1 Impact on Investors 5.2 Influence on Corporate Entities 5.3 Role of Financial Institutions 5.4 Changes in Market Practices 6. Changes in Commercial Law Practice 6.1 Adaptation to New Regulations 6.2 Implications for Legal Professionals 6.3 Case Studies of Legal Adaptation 7. Cross-Border Implications 7.1 International Financial Integration 7.2 Harmonization of Regulations 7.3 Challenges in Cross-Border Transactions 8. Future Outlook 8.1 Predicted Regulatory Trends 8.2 Potential Market Developments 8.3 Recommendations for Stakeholders
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