Which of the following statement is true concerning financial regulation in the U.S.?. Which of the following statement is true concerning financial regulation in the U.S.?I: The U.S. has a reasonably well-regulated commercial banking sectorII: Few innovative financial products are developed apart from existing regulatory oversightIII: Many credit derivatives have been trading apart from adequate regulation and oversightA: I & II onlyB: I & III onlyC: II & III onlyD: I, II, & III
Which of the following statement is true concerning financial regulation in the U.S.?