Impact of Government Regulation

User Generated

nfuqerq

Economics

Description

This is a discussion question. Only a paragraph or two is necessary.

Take a position on whether the banking industry needs more or less government regulation. Support your position with two (2) examples of the impact of regulation.

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Explanation & Answer

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The Banking Industry – My Opinion
It is my opinion that more regulation is required in the Banking Industry and also better
implementation of the already existing regulations. For instance, more transparency needs to be
enhanced. The government regulations have an impact on the financial service industry in a lot of
ways, but the specific effect will depen...


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