An argument supporting regulated markets is that more and better regulation is necessary to raise the quality of financial reporting in order to protect the public from frauds and failures.

Question

Quizplus · Accepted Answer

Regulated markets provide oversight and guidelines to ensure that financial reporting is accurate and reliable. This helps to protect the public from fraudulent activity and failures in the financial system. Without regulation, there is a greater risk of unethical behavior and market instability. Therefore, the argument supporting regulated markets as necessary for raising the quality of financial reporting and protecting the public is true.

An Argument Supporting Regulated Markets Is That More and Better