考点

问题如下：

Which of the following statements concerning the objectives of market regulation is least accurate?

选项：

A.Regulators set standards to ensure that all agents acting in the market are skilled.

B.Regulators promote fair and orderly markets.

C.ensure that systems are in place to prevent fraud.

解释：

Solution

1. Correct. Regulators help solve agency problems by setting minimum standards of competence, not skill, for agents and by defining and enforcing minimum standards of practice.

2. Incorrect. One of the objectives of market regulation is to promote fair and orderly markets in which traders can trade at prices that accurately reflect fundamental values.

3. Incorrect. Regulators ensure that systems are in place to protect customers from fraud.

Market Organization and Structure

• describe objectives of market regulation