The Financial Reform Act (Wall Street Reform and Consumer Protection Act or Dodd-Frank Act) of 2010
A) ended the system of risk-based insurance premiums.
B) set requirements for the Deposit Insurance Fund's reserves.
C) raised the limit for insured deposits to $750,000 per depositor.
D) allowed large insurance companies such as American International Group to compete with the FDIC to insure bank deposits.
Correct Answer:
Verified
Q49: Banks that are insured by the Federal
Q50: Bank regulations typically
A)involve a trade-off between the
Q51: Regulators put much emphasis on a bank's
Q52: A federal bank charter is issued by
Q53: The fair value accounting that is used
Q55: The Volcker Rule, named for a former
Q56: A bank can increase its capital ratio
Q57: Commercial banks are allowed to invest in
Q58: The Volcker Rule prohibits banks from sponsoring
Q59: All state banks are required to be
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