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Because of Changes in Regulatory Barriers, Technology, and Financial Innovation

question 55

True/False

Because of changes in regulatory barriers, technology, and financial innovation, a single financial service firm may now be able to offer a full set of financial services.


Definitions:

U.S. Constitution

The supreme law of the United States that outlines the national framework of government, consisting of the preamble, seven original articles, and 27 amendments.

Civil Law Systems

Legal systems derived from Roman law, prevalent in Europe and Latin America, focusing on codified laws rather than judicial decisions.

Legislative Enactments

Laws or statutes formally passed or approved by a legislative body.

Treaty

An agreement under international law entered into by sovereign states and international organizations.

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