The government of a country whose financial markets are in an early stage of development has hired

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The government of a country whose financial markets are in an early stage of development has hired you as a consultant on financial market regulation. Your first task is to prepare a list of the objectives of market regulation. Which of the following is least likely to be included in this list of objectives?

A. Minimize agency problems in the financial markets.

B. Ensure that financial markets are fair and orderly.

C. Ensure that investors in the stock market achieve a rate of return that is at least equal to the risk-free rate of return.

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Investments Principles Of Portfolio And Equity Analysis

ISBN: 9780470915806

1st Edition

Authors: Michael McMillan, Jerald E. Pinto, Wendy L. Pirie, Gerhard Van De Venter, Lawrence E. Kochard

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