Discuss why financial institutions are heavily regulated, with specific focus on their ability to increase or reduce the money supply. Select a law that currently affects financial institutions. Explain the history of how the law came into effect. Then take a position on the necessity and effectiveness (or lack of) for this particular regulation or law.

MCM DB 3

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400 words

Discuss why financial institutions are heavily regulated, with specific focus on their ability to increase or reduce the money supply. Select a law that currently affects financial institutions. Explain the history of how the law came into effect. Then take a position on the necessity and effectiveness (or lack of) for this particular regulation or law.

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