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Sagot :
Final answer:
Financial regulations have key purposes: promoting transparency, protecting consumers, and ensuring financial stability.
Explanation:
Financial regulations serve multiple purposes:
- Promoting transparency: By ensuring the disclosure of accurate information to investors.
- Protecting consumers: From fraudulent practices in the financial market.
- Promoting financial stability: By improving accountability, ending 'too big to fail,' and safeguarding taxpayers.
Learn more about Purposes of financial regulations here:
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