There is much speculation that prior to the banking crisis of 2008-2009, the Fed (Federal Reserve System) and the SEC (Securities and Exchange Commission) were not enforcing the regulations they were charged to enforce.

Question

Quizplus · Accepted Answer

Many experts and critics argue that the Fed and SEC did not adequately enforce regulations prior to the banking crisis of 2008-2009, leading to the financial collapse.

There Is Much Speculation That Prior to the Banking Crisis