There Is an Important Debate Raging Today Regarding Whether Banks

There is an important debate raging today regarding whether banks should be regulated at all.George Benston contends that:

A) firms in regulated industries actually seek out regulations because they bring monopolistic rents.
B) regulations shelter firms from changes in demand and cost,lowering its risk.
C) regulations can increase consumer confidence which increases customer loyalty to regulated firms.
D) depository institutions should be regulated no differently than any other corporation with no subsidies or special privileges.
E) None of the above options are correct.