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Neoprogressives supported financial regulation

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Neoprogressives supported financial regulation

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The regulation of financial reporting is important in order to make sure that said financial reporting is accurate and transparent. This, in turn, is important to prevent fraud and malfeasance.

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The Illinois Department of Financial and Professional Regulation's website provides statistical information for the public and more specific information for those in the private sector.

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Prudential regulation in financial institutions enables transparency and protection of stakeholders of the institutions.

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