Lesson8 - Lesson8:TheRegulationand In this lesson we will...

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Lesson 8:  The Regulation and  Evolution of Financial Intermediaries In this lesson we will learn how, regulation, inflation, and technology has influenced the development of financial institutions. Suggested reading: RSU chapters 12, 15 and 17
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The purposes of regulation? Protect the consumer (or someone?) Promote competition Achieve financial stability Conduct monetary policy Disclosure versus other measures
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Many Regulations and Regulatory Institutions Securities and Exchange Commission SEC Commodities Futures Trading Commission CFTC Office of the Comptroller of the Currency COC Federal Reserve System Federal FED Deposit Insurance Corporation FDIC State banking commissions SBC Office of Thrift Supervision OTC National Credit Union Administration NCUA State insurance commissions SIC _____________ Self regulatory organizations ex. New York Exchange and National Association of Securities dealers.
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Regulatory Functions SEC Primary and secondary securities markets Disclosure requirements and restrictions on insider trading CFTC Futures markets Regulates futures trading COC Federally chartered banks Charters, examines and regulates federally chartered banks FED All commercial banks
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Lesson8 - Lesson8:TheRegulationand In this lesson we will...

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