Why are financial intermediaries regulated?
A)to provide a smooth running financial system
B)to protect the public from fraud
C)to preserve the public's confidence in the safety and soundness of the system
D)All of the above are correct.

Question

Quizplus · Accepted Answer

Financial intermediaries are regulated to achieve multiple objectives such as providing a smooth running financial system, protecting the public from fraud and preserving the public's confidence in the safety and soundness of the system. Therefore, option D is the correct answer.

Why Are Financial Intermediaries Regulated