suggested acronym for effectiveness of regulation: PIED (or PEDI, you pick)
Protects PIED:
-policyholders
-investors
-economy, in general
-depositors
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Protects PIED:
-policyholders
-investors
-economy, in general
-depositors
Comments
I chose PIED. Thx!
To help me remember this, I like to think that a regulator's role is to make sure everyone gets their piece of the PIE
Yum!