Why is the creation (chartering) of new banks closely regulated? What about nonbank financial firms?

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Bank Management and Financial Services

ISBN: 978-0078034671

9th edition

Authors: Peter Rose, Sylvia Hudgins

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Question Posted: Oct 31, 2014 09:56 AM

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Why is the creation (chartering) of new banks closely regulated? What about nonbank financial firms?

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The creation of new banks is regulated to ensure t...View the full answer

Bank Management and Financial Services

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