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In What Way Do Banks, Trust Companies, Stockbrokerages, and Insurance

Question 11

Multiple Choice

In what way do banks, trust companies, stockbrokerages, and insurance companies share a commonality with one another?


A) Each institution ensures stability within the financial services industry.
B) Liberalized ownership rules are traditionally applied to the four sectors.
C) Each is subject to the same regulations affecting the financial services industry.
D) The traditional financial services industry contained the four distinct sectors.

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