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How do banks function in the US?

Banks are regulated by a general set of regulations outlined in the United States law. Banks, for example, are regulated on the amount of APR they can set for loans. This keeps banks "in-cheque"(pun intended) and disallows them from taking advantage of people.


Why did the first and banks of the US fail?

1. How were banks regulated between 1836 and the civil war?


Why did the First and Second Banks the US fail?

1. How were banks regulated between 1836 and the civil war?


Why did the first and second banks of the US fail?

1. How were banks regulated between 1836 and the civil war?


What are the reasons why banks are been regulated?

They are being regulated because it is likely they will try to get more money from customers, which will put the economy out of shape


Is it illegal to cut the trees on river banks?

In many places, cutting trees on river banks is regulated to protect the environment and prevent erosion. It is important to check with your local authorities or environmental agencies to understand the specific regulations governing tree removal near river banks in your area.


What are the reasons why banks are regulated?

Banks are regulated because banking requires a certain amount of trust in the institution in which citizens place their savings. It's seen as a right of the public to have reassurance that their money is being handled responsibly and will be available to withdraw as needed.


Why is it banking is not like any other business enterprise?

Generally, banks are regulated by Federal laws. They often are federally chartered. Some banks are State chartered and State regulated. Therefore, that makes them vastly different that, say, a car dealership, or a pet store.


Why are zombie banks important?

banks only for zombies


What are public utilities regulated by?

It is important to know who the public utilities are regulated by. Depending on the company, the public utilities can be regulated by community-based groups or the state-wide government monopolies.


How are state commercial banks regulated?

Despite the increasingly relaxed regulatory climate, U.S. state commercial banks are subject to a range of regulations at the state and federal level. In addition to the federal regulatory bodies that oversee national banks, each state.


Why is it important that cell growth in a multicellularur organism be regulated so carefully?

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