Concept
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Research also shows evidence that periods of deregulation in the financial sector tend to result in significantly higher average wages for individuals employed in the ‘deregulated’ sector – suggesting that there is less selfishness when distributing wages. However, this evidence may also illustrate why so many in the financial sector are vehemently against regulation if we view it as a demonstration of self-interest. If regulation means their commission, salary and bonuses are negatively impacted, it’s highly unlikely they will be advocates of regulation.