Rules are there so you can trust the system enough. Imagine if there were no rules: your bank might steal your money, a company might lie on its financial repor

Rules are there so you can trust the system enough. Imagine if there were no rules: your bank might steal your money, a company might lie on its financial reports so a shareholder can dump some stock etc. Then all trust is lost and every deal with every entity needs to be worked out from scratch. You’d do extensive DD to open a bank account or buy a stock. This would cripple the system.