Which of the following was a deregulation provision covered by the Depository Institutions Deregulation and Monetary Control Act (DIDMCA)?

Question

Quizplus · Accepted Answer

The Depository Institutions Deregulation and Monetary Control Act (DIDMCA) provided for the expansion of asset and liability powers for banks and thrifts, allowing them greater flexibility in their operations by removing certain restrictions and regulatory requirements. Options B, C, and D are not deregulation provisions covered by the DIDMCA; reserve requirements and interest rate requirements were already in place before the enactment of the Act.

Which of the Following Was a Deregulation Provision Covered by the Depository