Deregulation of banks and other depository institutions did all of the following except
A)allow all depository institutions to offer checking accounts
B)allow all depository institutions to offer money market accounts
C)allow thrift institutions more latitude in investing their assets
D)allow the FDIC to open branch banks of its own
E)tempt many depository institutions to take unreasonable risks

Question

Quizplus · Accepted Answer

Deregulation of banks and other depository institutions did not allow the FDIC to open branch banks of its own. The FDIC is a federal agency that insures deposits in banks and thrift institutions, and it does not engage in banking activities.

Deregulation of Banks and Other Depository Institutions Did All of the Following