How regulated are banks?
A)as regulated as the average business
B)regulated slightly more than the average business
C)among the nation's most heavily regulated businesses
D)not regulated

Question

Quizplus · Accepted Answer

Banks are among the nation's most heavily regulated businesses due to their crucial role in the economy and the potential risks they pose to the financial system. They are subject to numerous regulations and oversight from various government agencies, including the Federal Reserve, FDIC, OCC, and CFPB, among others. Therefore, option C is the best choice.

How Regulated Are Banks