19. Which of the activities are difficult to regulate for the regulators?
Ans: The activities for which regulation is more difficult are activities like,quality of the advice the Mutual Fund advisors provide. Efforts to regulate services not amenable to regulation often add to the complexity of the regulation. It also slows down the pace of development .Beyond a point, the market evolution is left to best practice .The best practice is an unobtrusive tool for market regulation.