(International Buiness) The goal of government regulation of
financial-services industries is to maintain the integrity and
stability of financial systems, thereby protecting both depositors
and investors. Regulations include prohibitions against insider
trading, against lending by management to itself or to closely
related entities (called “self-dealing”), and against other
transactions in which there is a conflict of interest. In less than
two decades, deregulation transformed the world’s financial
markets. It drove competition and growth in financial sectors and
boosted the economies...