Self-Regulation Stock Exchanges - SS2 Accounting Past Questions and Answers - page 1

A system where the exchange sets and enforces its own rules and regulations

A system where the government sets and enforces rules and regulations

A system where investors set and enforce their own rules and regulations

To promote transparency, fairness, and integrity in the marketplace

To eliminate competition among stock exchanges

To reduce the costs of government regulation

The authority to set their own listing standards, trading rules, and disciplinary procedures

The authority to set interest rates

The authority to print money

Greater flexibility and responsiveness than traditional government regulation

Less regulation and oversight than traditional government regulation

More biased and discriminatory rules than traditional government regulation

The potential for conflicts of interest and lack of effective protection of the public interest

The potential for excessive government interference and oversight

The potential for excessive bureaucracy and red tape