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Conflicts of interest occur when a financial service provider, or an agent with- in such a provider, has multiple interests that create incentives to act

Conflicts of interest occur when a financial service provider, or an agent with- in such a provider, has multiple interests that create incentives to act in such a way as to misuse or conceal information. Discuss each of the following policy options for dealing with conflicts of interest in the financial industry, and describe their disadvantages:

(i) Regulate for transparency (10 marks)

(ii) Socialisation of information production

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