The advocates of the "level playing field"
issue demand more equal taxation of the earnings of different financial institutions and more equal powers to offer a full range of services competitive with other financial-service firms.

Question

Quizplus · Accepted Answer

The concept of a "level playing field" in the context of financial institutions refers to the idea that all firms, regardless of their size or the specific subset of the financial industry they operate in, should be subject to the same regulatory and tax burdens and should have equal opportunity to offer a range of services. This is aimed at ensuring fair competition and preventing any one type of institution from having an inherent advantage over others.

The Advocates of the "Level Playing Field