**WILL MARK AS BRAINLIEST IF CORRECT**
How does the government affect how financial institutions operate? Why does it have this control? In your response, include an example.

Respuesta :

While the increased time and workload resulting from government regulation can be detrimental to individual financial or credit services companies in the short term, government regulations can also benefit the financial services industry as a whole in the long term.

Implementing these regulations was expensive, but the act gave more protection to people investing in financial services, which can increase investor confidence and improve overall corporate investment.