Which of the following is a regulatory restriction on financial intermediaries?
A)Savings and loans cannot acquire common stock in publicly held corporations.
B)Financial intermediaries currently have ceilings on interest rates.
C)Banks cannot currently have branches in more than three states.
D)All of the above are correct.

Question

Quizplus · Accepted Answer

Savings and loans institutions are restricted from acquiring common stock in publicly held corporations, which is a regulatory restriction aimed at limiting their risk exposure and ensuring their focus remains on their primary activities of accepting deposits and making loans.

Which of the Following Is a Regulatory Restriction on Financial