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Back to financial regulation law
Question 1 of 20
In the United States, the 'dual banking system' refers to which of the following structural characteristics?
A.
The separation of commercial banking from investment banking activities.
B.
The ability of a bank to choose between a state charter and a federal (national) charter.
C.
The requirement that banks maintain both a primary and a secondary capital reserve.
D.
The joint regulation of all banks by both the FDIC and the SEC.
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