What the importance of rules in protection of investors

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Reference no: EM132182629 , Length: word count:2000

Question: "Regulators issue rules and regulations via codes, guidelines and circulars. What are the importance of these rules and regulations in the protection of investors and in the maintenance of consumer confidence in the financial system? Do you agree that a straight adherence to all the rules and regulators is sufficient to meet the objectives as stated above?"

In answering the question, focus should be on those rules and regulations prescribed by the Hong Kong Securities and Futures Commission, and other Hong Kong Regulatory bodies such as Hong Kong Monetary Authorities.

Word count: 2000 words and reference formal: APA.

Reference no: EM132182629

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len2182629

12/1/2018 2:29:58 AM

Word count: 2000 words and reference formal: APA. In response to our enquiry as to which specific regulator in Hong Kong to focus on, our professor replied as follows: Our professor’s comment: “Please note the question, as I said "understand the question". The question did not ask who are the regulators and did not ask what are the rules and regulations issued by each regulator. The question essentially asked "are rules and regulations important to ......,", if so, why? which leads into the second part of the question. This is similar if someone asks you "do we need a set of law, if yes, why?", you possibly do not need to go into details of criminal law, tort law, labour law, securities law, IP law, land law, ...and the like. I hope I have answered your enquiry but did not dictate the way you approach the question.”

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