Which of the following is NOT a characteristic of banking regulators?

The correct choice highlights that providing financial advice to consumers is not a characteristic of banking regulators. Banking regulators focus primarily on maintaining the safety and soundness of the financial system, ensuring that banks comply with established laws and regulations, overseeing the overall stability of the banking environment, and protecting the interests of depositors. They implement regulatory frameworks to ensure that banks operate fairly and transparently, but offering personalized financial advice to individual consumers falls outside their mandate. Regulation aims to maintain systemic stability and trust in the financial institutions rather than serving as a financial advisory service.