Although regulation is designed to ensure the safeness and soundness of the financial system, not all regulations are effective at their intended purpose, or can fully eliminate the risks associated with banks. Write an essay, in which you develop a case for or against the following regulations of financial institutions:

Regulations on the failure process; defining when banks and other financial firms are allowed to fail and how their assets are to be regulated

Restrictions on the geographic expansion of banks and other financial firms, such as limits on branching and holding company acquisitions across state and international borders

Regulation of risk-taking activities in financial institutions that receive government-sponsored depository insurance.