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Essay text:
Establish regulation in the financial market because of the following three reasons. The first reason is to provide customers’ profit and maintain the market confidence. The second is reducing financial crime. Ensuring the market fair, efficient and transparent is the third reason. The last but not least reason is that: to reduce the systematic risk of the financial system. The next part will explain details of these factors.
The protection of consumers
As a part of the financial markets, investors are in a weak position. They face being misled, deceived, market manipulation and other threatens...
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