The purpose of the U.S. Financial Services Oversight Council, which was created by the Dodd-Frank Act, is to:
A) replace the existing U.S. regulatory agencies with one agency to enforce all financial regulations.
B) oversee U.S. private credit rating agencies.
C) determine appropriate levels of executive compensation for firms in the U.S. financial system.
D) coordinate activities of the various U.S. regulatory agencies.
Correct Answer:
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