Areas of commercial bank regulation dealing with preventing banks from discriminating unfairly in lending are termed ______________________ regulations. rev:
10_17_2013_QC_37326

Question

Quizplus · Accepted Answer

Consumer protection regulations aim to prevent discrimination in lending practices and protect consumers from unfair practices, such as redlining or predatory lending. Safety and soundness regulations focus on ensuring banks are financially stable and managing risks appropriately. Investor protection regulations aim to protect investors and ensure transparency in financial markets. Credit allocation regulations involve government intervention in directing credit to specific sectors or industries. Monetary policy regulations relate to the management of the money supply and interest rates to stabilize the economy.

Areas of Commercial Bank Regulation Dealing with Preventing Banks from Discriminating