In 2001 the Federal Reserve Board invited public comment on the possibility of allowing banking companies to provide real estate brokerage services.

Question

Quizplus · Accepted Answer

In 2001, the Federal Reserve Board and the Treasury Department indeed invited public comment on the possibility of allowing banking companies to provide real estate brokerage and management services, reflecting a significant potential shift in the scope of activities that banks could engage in.

In 2001 the Federal Reserve Board Invited Public Comment on the Possibility