Which of the following is false? The Investment Company Act of 1940 and the Securities...

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Which of the following is false? The Investment Company Act of 1940 and the Securities Acts of 1933 and 1934 are examples of investor protection regulations. The term disintermediation refers to the withdrawal of deposits from depository institutions that are reinvested in other types of intermediaries. The Financial Services Modernization Act allowed bank holding companies to open insurance underwriting affiliates and allowed insurance companies to open banks. Basel Il consists of three overlapping areas that are designed to bolster the safety and soundness of the financial system. One of these areas includes increasing deposit insurance premiums on all accounts. O None of the above

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