Unlike regulations in other countries,there are very few federal regulations governing who is allowed to set up a financial intermediary.

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In the United States, as in many other countries, there are numerous federal regulations governing who can set up a financial intermediary. These regulations are designed to ensure the stability and integrity of the financial system, protect consumers, and prevent fraud and money laundering. Agencies such as the Federal Reserve, the Securities and Exchange Commission (SEC), and the Federal Deposit Insurance Corporation (FDIC) play key roles in regulating financial intermediaries.

Unlike Regulations in Other Countries,there Are Very Few Federal Regulations