1、CRS INSIGHT Prepared for Members and Committees of Congress INSIGHTINSIGHTi i CRS Series: Introduction to Financial Services117th Congress Updated February 17, 2022 The Congressional Research Service (CRS) has created a series providing an introduction to various financial services issues in the 117
2、th Congress. Click on any of the titles below to access an In Focus, a two-page briefing product on issues of ongoing interest to Congress. In addition, the products are published jointly here. The CRS authors are also available to answer questions from congressional clients, research policy issues,
3、 prepare confidential memoranda, and provide in-person briefings. Their contact information may be found in each In Focus. The Regulatory Framework Financial activity can generally be divided into three broad categoriesbanking, securities markets, and insurance (Figure 1). The financial regulatory s
4、tructure is more fragmented, involving multiple, overlapping regulators at the federal and state levels. Further, because institutions, markets, and products can be subject to regulation, an activity may fall under the purview of multiple regulators. Congressional Research Service https:/crsreports.