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What are the purposes of financial regulations? Choose three answers.

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Final answer:

Financial regulations have key purposes: promoting transparency, protecting consumers, and ensuring financial stability.


Explanation:

Financial regulations serve multiple purposes:

  1. Promoting transparency: By ensuring the disclosure of accurate information to investors.
  2. Protecting consumers: From fraudulent practices in the financial market.
  3. Promoting financial stability: By improving accountability, ending 'too big to fail,' and safeguarding taxpayers.

Learn more about Purposes of financial regulations here:

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