来自《耶鲁大学开放课程：金融市场 第8集 第8集》

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  They make the markets work because if you didn't have this
  监管使得市场有序运行 如果缺乏监管
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  there would be all kinds of crooks and bad actors.
  市场就会充斥着不法商人
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  The thing about these organizations is that
  监管机构的问题是
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  they cost money and they cause nuisances.
  开销不菲而且引人不快
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  A lot of people in the financial community are annoyed by them
  很多金融界人士对其烦不胜烦
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  because these regulations are costly to comply with
  因为执行规范条例的成本很高
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  and they take a lot of resources.
  一旦执行 占用太多资源
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  I think the enlightened view is that
  长远来看
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  these things are absolutely essential to trust in the market.
  监管机构对于构建市场诚信极为重要
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  Another form of regulation is accounting regulation.
  另一种规范方式是会计准则
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  For example, we have in the United States
  例如 在美国有
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  the Financial Accounting Standards Board
  财务会计准则委员会