The objectives of market regulation encompass multiple facets, including:

1. Mitigating fraud;
2. Addressing agency problems;
3. Promoting fairness;
4. Establishing mutually beneficial standards;
5. Preventing undercapitalized financial firms from engaging in excessively risky investments;
6. Ensuring the funding of long-term liabilities.

Option C is correct because market regulation aims to achieve both controlling agency problems and ensuring that long-term liabilities are funded, not just one or the other.