Question: When Yao first opened his checking and savings account in the 1980s, his bank was prohibited from using deposits to engage in investment banking.

When Yao first opened his checking and savings account in the 1980s, his bank was prohibited from using

When Yao first opened his checking and savings account in the 1980s, his bank was prohibited from using deposits to engage in investment banking. But thanks to the Yao's bank started offering those services to companies seeking to go public. O Securities and Exchange Commission O Financial Services Modernization Act of 1999 Securities Act of 1933 Federal Reserve Act of 1913

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