The need for extensive regulation of investment banking firms is limited due to the highly competitive nature of that industry.

Question

Quizplus · Accepted Answer

The need for extensive regulation of investment banking firms is not limited, as demonstrated by the numerous regulatory bodies and regulations in place to oversee their activities. Investment banking is a complex and high-risk industry, with the potential to impact the broader economy. Regulations help to ensure that investment banks operate in a safe and transparent manner, protecting both investors and the stability of the financial system.

The Need for Extensive Regulation of Investment Banking Firms Is