Give an example of recent regulatory reform

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Give an example of a recent regulatory reform or change in federal or state laws that are intended to promote competition among financial intermediaries and how they are to do so. Within your discussion, provide an analysis of how market forces, such as rising interest rates, inflation, and financial innovation, have stimulated the development of new financial instruments and new institutional arrangements and intensified competition among financial institutions. ?

Reference no: EM131159265

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