This dimension marks whether a regulation is currently in force, has been amended or has been revoked. Wikipedia notes that regulation is "adopted to enforce primary legislation," and like the statute behind it a regulation can later be withdrawn or replaced. Browsing by legal status separates regulations still in force from those no longer active.
Facts
Comparison
Defining CharacteristicFinancial regulation is a broad set of policies applying to the financial sector, justified by systemic risk and information asymmetry. 1 Legal Status
Sources
1. Financial regulation (Wikipedia)
WikipediaFinancial regulation, lead sectionQuote, Financial regulation, lead section
Financial regulation is a broad set of policies that apply to the financial sector in most jurisdictions, justified by two main features of finance: systemic risk, which implies that the failure of financial firms involves public interest considerations; and information asymmetry.
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