Regulating the United States Financial Market

The U.S monetary commercialize has over time drop dead the most vital perseverance in modern horse opera society. Movements in the U.S. financial grocery store raise have a profound movement on the global saving. It is therefore crucial for the U.S. government to keep an plaza on an industry that can have such an effect on large number. Regulation has been use as a invention for governments to limit the freedom of the financial commercialize in hostel to protect the population. The Great imprint and the 2008 financial crisis was a searing hump for the U.S. government and its citizens, one news report in discussions of the both crises has been the omit of regulating. With almost no regulating in place, the financial elite group can do whatever they want in severalize to satisfy their own egoistical needs and set the economy in jeopardy. The U.S. government should amend the faults in the financial radical by reinstating the Glass-Steagall Act as well as prot o(prenominal)(a) regulations.\nTo understand the history of regulation, how if initial came into effect and why, one has to go back in history. end-to-end history, the rule of siting in the impart market has been unplowed among the wealthy, they were the people who could afford to debauch pipelines in companies and purchase bonds from banks (Suarez, 2014). Because they were wealthy, it was believed that they could look at the risks of losing money in the stock market (Suarez, 2014). During 1920s and early 1930s, spend in the stock market quickly became a national interest, as people from every class began to invest in the stock market, which in any case expanded the U.S. economy importantly (Suarez, 2014). With many people investing in the stock market, the legal age of them did not have the elemental knowledge about stocks, which change magnitude the high-level manipulation by banks and financial institutions because no regulation was in place to check them from doing it (Suarez, 2014). In his article, Andrew Beattie describes what the unregulated market caused, Br... If you want to get a full essay, order it on our website:

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