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Foreign Language 12 Online
Rx1nyDxyz:

How and why does the government affect the operation of a financial institution?

tessybunny:

The United States Securities and Exchange Commission (SEC) is a federal government agency responsible for the regulation of the nation's securities industry. The agency enforces securities laws and proposes rules. The agency was established in 1934 with the passage of the Securities Exchange Act. Government regulations and policies affect the overall economy and directly impact the operations of financial institutions. ... Governments regulate and influence finances of every kind in several ways. They include central bank operations, taxation, and standards regarding accounting practices.

tessybunny:

Regulation helps make sure that banks have good management so they don't make bad investments or are too risky. ... This should help make bank runs less likely. Throughout 2018, regulation is also being used in large UK banks to 'ring-fence' some services from other parts of the bank.

tessybunny:

your welcome

Rx1nyDxyz:

i forgot to say, thank you!

tessybunny:

its fine have a great night

Rx1nyDxyz:

u 2! :)

AngelaSanchez18:

Hey

1 attachment
AngelaSanchez18:

Can't sleep arh

Crystal099:

Love you anggie

Crystal099:

Love you anggie

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