Investment banks that operate as locally incorporated banks (ADIs)are regulated as though they were retail banks because they can accept retail deposits.

Name: Investment banks that operate as locally incorporated banks (ADIs)are regulated as though they were retail banks because they can accept retail deposits.
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Question

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Investment banks that are locally incorporated and accept retail deposits are regulated similarly to retail banks to ensure consumer protection and financial stability.

Investment Banks That Operate as Locally Incorporated Banks (ADIs)are Regulated