Securities Exchange Act of 1934 The following are correct statements related to the Decline in Traditional Banking in USA, EXCEPT: As a source of funds for borrowers, marketnare of commercial banking...

Extracted text: Securities Exchange Act of 1934 The following are correct statements related to the Decline in Traditional Banking in USA, EXCEPT: As a source of funds for borrowers, marketnare of commercial banking has fallen. O Commercial Banks are facing increasing competition from other financial intermediaries. Commercial Banks are devoting increasing amount of their funds to finance consumption and production. Commercial Banks are now engaging more in non-traditional banking activities.