Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

There exist many regulations to protect the investors, consumers and financial markets for fair and efficient maintenance. Some of these regulations include the following: Customer

There exist many regulations to protect the investors, consumers and financial markets for fair and efficient maintenance. Some of these regulations include the following:

Customer protection regulations are designed to protect them from unfair trade practices of the suppliers. Customer protection regulation act established in 2008 says that the customer need to be informed of every part that is included in the product, should not behave in misleading way this protecting the rights of customers.

Investor is a person who participates in the growth of economy. He is safeguarded by various regulations which include the investor protection and education fund act 2009, investor protection and securities reform act 2010 given by SEBI etc.

The financial markets include the services of various Industries like banking, insurance etc. where huge services are provided thus regulated by various acts safeguarding the investors. These include the SEBI, RBI, central government, etc. thus protecting the customers, regulating foreign involvement, reducing financial crimes, maintaining stability of currency, foreign collaborations etc.

Therefore, they are established to protect the investors and the customer

ARGUE THAT THOSE REGULATIONS ARE ETHICAL AND NECESSARY TO PROMOTE A FREE MARKET

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Health Care Finance And The Mechanics Of Insurance And Reimbursement

Authors: Michael K. Harrington

1st Edition

1284026124, 9781284026122

More Books

Students also viewed these Finance questions

Question

8. Explain the difference between translation and interpretation.

Answered: 1 week ago

Question

10. Discuss the complexities of language policies.

Answered: 1 week ago

Question

1. Understand how verbal and nonverbal communication differ.

Answered: 1 week ago