No U.S. banks are permitted to offer investment banking services involving corporate securities inside the United States.

Question

Quizplus · Accepted Answer

U.S. banks are permitted to offer investment banking services involving corporate securities inside the United States, especially through their investment banking divisions or subsidiaries, in compliance with relevant regulations such as those established by the Glass-Steagall Act (repealed by the Gramm-Leach-Bliley Act in 1999) and the Securities Exchange Act of 1934.

No US Banks Are Permitted to Offer Investment Banking Services Involving