Although many of the regulations established in the 1930s have disappeared, Regulation Q and the prohibition of commercial banks from trading financial assets, such as stocks and bonds, remain in place today.

Question

Quizplus · Accepted Answer

Regulation Q, which restricted the payment of interest on demand deposits, was phased out in the 1980s, and commercial banks are now allowed to trade financial assets under certain regulations.

Although Many of the Regulations Established in the 1930s Have