What are the pros and cons of the current system

Reference no: EM132196868

Question: The CNBC Accredited Investors article is an example of government intervention where we limit who can purchase a good for their own good, at least in theory, via regulation. I would call this a "soft" intervention compare to creating a whole federal agency like the FDA or CFPB. Contrary to what most people believe, financial advisors and financial planners do not have a government stamp of approval; their certifications are issued by the Financial Industry Regulatory Authority (FINRA), a private firm created by the financial industry to regulate their own practices. Basically, the FINRA decides who can have a investment license after passing exams and other educational requirements. What are the pros and cons of the current system? Do you think it is working well or do we need more government intervention?

Reference no: EM132196868

Questions Cloud

Discuss how technology may be integrated : discuss how technology may be integrated, and other training and development approaches presented in last unit.

People turnoffs almost always arise from communication : People turnoffs almost always arise from communication problems. An example of a people turnoff would be:

Write a program for a vending machine that give exact change : Write a C++ program for a Vending machine that gives the exact change for the customer.

Conduct research and find existing business or organization : Conduct research and find an existing business or organization. identify whether this business has ever filed for bankruptcy and the type of bankruptcy.

What are the pros and cons of the current system : The CNBC Accredited Investors article is an example of government intervention where we limit who can purchase a good for their own good, at least in theory.

Personality comes across through its organizational culture : Customer satisfaction, although necessary, is not sufficient to create loyalty. A company’s "personality" comes across through its Organizational Culture ?

Illustrates the partial but fair contract is preferred : Diagram an income utility curve with two points representing a sick state (S) and a healthy state (H). Now diagram two types of insurance.

Hearing is purely physical process : Hearing is a purely physical process. Listening Involves psychology as we attach meaning to what we hear.

Write a c program for a shopping list : Write a C program for a shopping list. Use the listed items and add one additional item to the list. Code should be nicely indented and commented.

User Account

All Pages