Financial regulation facts for kids
Financial regulation is supervision of financial institutions to certain rules and guidelines.
The aim is to keep the financial system honest and legal. Regulation may be done by either a government or non-government organization. Also, financial regulation has increased the variety of financial products available.
The objectives of financial regulators are usually:
- market confidence – to keep confidence in the financial system
- financial stability
- consumer protection – getting the right protection for consumers.
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Financial regulation Facts for Kids. Kiddle Encyclopedia.