financial institutions are more diversified today than they were in the past, when federal laws kept…

financial institutions are more diversified today than they were in the past, when federal laws kept investment banks, commercial banks, insurance companies, and similar organizations quite separate. today the larger financial - services corporations offer a variety of services, ranging from checking accounts, to insurance, to underwriting securities, to stock brokerage.\n\ntrue\n\nfalse

financial institutions are more diversified today than they were in the past, when federal laws kept investment banks, commercial banks, insurance companies, and similar organizations quite separate. today the larger financial - services corporations offer a variety of services, ranging from checking accounts, to insurance, to underwriting securities, to stock brokerage.\n\ntrue\n\nfalse

Answer

Brief Explanations:

Financial regulations have changed over time. Historically, different types of financial institutions were separated by law. Now, large financial - services corporations offer a wide range of services, indicating increased diversification.

Answer:

True