Behavioural finance may have a lot to say about how financial markets really operate and why much financial regulation is ineffective, but it is has very little to say about what regulators should do in the light of these insights. Discuss.

“Behavioural finance may have a lot to say about how financial markets really

operate and why much financial regulation is ineffective, but it is has very little to say

about what regulators should do in the light of these insights.”

Discuss.

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