The increased regulations that Wall Street has been subject to in recent years is cited as one of the major causes of the financial crisis of 2008.

Question

Quizplus · Accepted Answer

The financial crisis of 2008 was caused by a number of factors, including housing market speculation, excessive risk-taking by banks, and the failure of regulatory bodies to properly oversee financial institutions. While some argue that increased regulations may have played a minor role in exacerbating the crisis, they are not considered a major cause.

The Increased Regulations That Wall Street Has Been Subject to in Recent