As a result of the Financial Reform Act of 2010, the ____ was assigned the role of regulating financial products and services.
A)Federal Advisory Committee
B)Federal Open Market Committee
C)Consumer Financial Protection Bureau
D)Board of Governors

Question

Quizplus · Accepted Answer

The Consumer Financial Protection Bureau was created by the Financial Reform Act of 2010 to regulate financial products and services and protect consumers from unfair practices. The other options listed do not have this specific role assigned to them by the act.

As a Result of the Financial Reform Act of 2010