Which of the following is false?
A) The failure of a depository institution may have system wide repercussions and is therefore a reason why Congress has regulated depository institutions.
B) Historically, the financial services industry and the regulatory structure were segmented.
C) Regulation may be by institutional grouping or market (product) grouping.
D) From 2000 to 2008, the financial services industry became more highly regulated.
Correct Answer:
Verified
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