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Researh Service


CRS Series: Introduction to Financial Services



Updated January 11, 2019
The Congressional Research Service (CRS) has created a series providing an introduction to various
financial services issues in the 1 6th Congress. Click on any of the titles below to access an In Focus, a
two-page briefing product on issues of active and ongoing interest to Congress.
The CRS authors are also available to answer questions from congressional clients, research policy issues,
prepare confidential memoranda, and provide in-person briefings. Their contact information may be
found in each In Focus.


The Regulatory Framework

As shown in Figure 1, financial activity can generally be divided into three broad categories-banking,
securities markets, and insurance. The financial regulatory structure is more fragmented, involving
multiple, overlapping regulators at the federal and state levels. Further, because institutions, markets, and
products can be subject to various regulations, an activity may fall under the purview of multiple
regulators.



















                                                              Congressional Research Service
                                                                https://crsreports.congress.gov
                                                                                   IN11016


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