Answer to Question #297237 in Economics for Sammy

Question

Discuss the goals of regulatory frameworks with regards to reasons governments manage regulate-es and use different regulators to policy the financial markets.

Answer 1

Regulation consists of requirements the government imposes on private firms and individuals to achieve government's purposes. These include better and cheaper services and goods, protection of existing firms from “unfair” (and fair) competition, cleaner water and air, and safer workplaces and products.