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As to #1, I believe you can accomplish that by using Commissioner mode, but I'm not exactly how you'd set up the individual team settings to keep them from making changes.
As to #2/3, I think the financial system is all or nothing, but if it's the same league as #1 then I think just removing the financials and finding some kind of method for preventing dynasties on your own. Something simple based on a random number generator or something.
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