Regulators Flashcards
(10 cards)
What is the main purpose of financial market regulators?
To ensure markets operate fairly, transparently, and efficiently, and to protect investors.
Who regulates stock markets in the United States?
The SEC (Securities and Exchange Commission).
Which U.S. regulator oversees futures and commodities markets?
The CFTC (Commodity Futures Trading Commission).
What is FINRA’s role in U.S. financial markets?
It is a self-regulatory body that oversees broker-dealers and enforces conduct standards.
What is the role of the FCA in the UK?
The Financial Conduct Authority regulates financial firms and protects consumers in UK markets.
Name one key responsibility of financial regulators related to information.
Enforcing disclosure and transparency for public companies and trading.
How do regulators protect investors?
By preventing fraud, insider trading, and ensuring fair treatment and accurate disclosures.
What powers do market regulators have?
They can fine, suspend licenses, investigate misconduct, and impose trading restrictions.
What global bodies coordinate international financial regulation?
BIS (Bank for International Settlements), IOSCO, and the IMF.
Why are regulators essential for financial markets?
They maintain investor confidence and ensure long-term market stability and fairness.
