Which of the Following Is a Reason That Many States

Multiple Choice

Which of the following is a reason that many states and the federal government finally enact interstate banking laws?

A) The need for new capital in order to revive struggling local economies
B) The expansion of service offerings by nonbank financial institutions
C) The belief among regulators that larger firms may be more efficient and stable
D) Advances in technology which allowed banks to service customers in broader geographic areas
E) All the options are reasons for the passage of interstate banking laws