Regulatory Environment
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Regulatory Environment ACC/561 Regulatory Environment The Bank of America is a multinational financial and banking services whose headquarter is located in Charlotte, North Carolina. In 2016, the Bank was ranked as the 26th biggest company in the U.S. by total revenue. It delivers its services and products through operating, 16,300 ATMs5, 100 banking centers, online and mobile banking platforms, and call centers. The bank Consumer Real Estates Services segment provides consumer real estate products consisting of adjustable and fixed-rate first lien mortgage loans. Moreover, Securities and Exchange Commission (SEC) controls or regulates the activities of Bank of America. Regulations that Apply to the Bank SEC imposes the statutory requirements that the banks should...