Regulation of the financial system
A)occurs only in the United States.
B)protects the jobs of employees of financial institutions.
C)protects the wealth of owners of financial institutions.
D)ensures the stability of the financial system.

Question

Quizplus · Accepted Answer

The regulation of the financial system is primarily focused on ensuring the stability of the financial system. This includes measures to prevent systemic risks, maintain investor confidence, and promote fair and orderly markets. Protecting the jobs and wealth of employees and owners of financial institutions may be secondary goals, but the primary goal is to ensure the smooth functioning of the financial system as a whole. Additionally, financial regulation is not limited to the United States and occurs in many other countries as well.

Regulation of the Financial System