Regulating the United States Financial Market

The U.S pecuniary grocery has over clock time become the most lively intentness in red-brick western society. Movements in the U.S. pecuniary market can agree a profound depression on the global thrift. It is consequently important for the U.S. brass to carry on an eye on an industry that can arrest much(prenominal) an effect on nation. canon has been used as a device for governments to limit the independence of the financial market in send to protect the population. The prominent Depression and the 2008 financial crisis was a searing experience for the U.S. government and its citizens, iodinness theme in discussions of the two crises has been the lack of regulation. With almost no regulation in congeal, the financial elite can do whatever they want in order to satisfy their make selfish needs and treated the economy in jeopardy. The U.S. government should remedy the faults in the financial infrastructure by reinstating the Glass-Steagall mold as well as other regulations.\nTo understand the narration of regulation, how if first came into effect and why, one has to go back in history. Throughout history, the rule of expend in the straining market has been kept among the wealthy, they were the people who could chip in to buy production lines in companies and leverage bonds from banks (Suarez, 2014). Because they were wealthy, it was believed that they could handle the risks of losing money in the stock market (Suarez, 2014). During mid-twenties and early 1930s, investing in the stock market quick became a national interest, as people from every clan began to invest in the stock market, which also expanded the U.S. economy significantly (Suarez, 2014). With many people investing in the stock market, the majority of them did not have the basic knowledge more or less stocks, which increased the high-level utilization by banks and financial institutions because no regulation was in place to prevent them from doing it (Suarez, 2 014). In his article, Andrew Beattie describes what the unregulated market caused, Br... If you want to witness a full essay, order it on our website:

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