According to the Dodd-Frank Act, a bank merger can be stopped if the new bank would hold more than percent of the nation's deposits.

Name: According to the Dodd-Frank Act, a bank merger can be stopped if the new bank would hold more than percent of the nation's deposits.
Brand: Quizplus
Rating: 4.9 (53 reviews)

Question

According to the Dodd-Frank Act, a bank merger can be stopped if the new bank would hold more than  percent of the nation's deposits.

Quizplus · Accepted Answer

The Dodd-Frank Act states that a bank merger can be stopped if the new bank would hold more than 10% of the nation's deposits, not 11%. Therefore, the correct answer is C)10.

According to the Dodd-Frank Act, a Bank Merger Can Be