Which of the following is true with regard to the Dodd-Frank Act?
A) The Act made suing an agency for fraud easier by allowing investors to bring lawsuits against credit rating agencies that knowingly or recklessly failed to conduct a reasonable investigation of the rated security.
B) The Act dissolved the Office of Credit Ratings and relaxed internal controls by the credit rating agencies.
C) The Act restructured the ratings system.
D) The Act forced banks to separate their commercial banking and investment banking businesses.
Correct Answer:
Verified
Q45: As the severity of the crisis became
Q46: Three of the dissenters characterized the majority
Q47: Write short notes on the Volcker rule.
Q48: The structure of Wall Street compensation was
Q49: The Volcker Rule was aimed at _.
A)
Q50: In the late 1990s the Basel Committee
Q51: Write short notes on credit card regulation.
Q53: List the principal conclusions of the majority
Q54: State the purpose behind the establishment of
Q55: Which of the following is true of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents