To increase the level of safety in the financial system,financial institutions are regulated by all of the following entities EXCEPT the:
A) Securities and Exchange Commission.
B) Federal Deposit Insurance Corporation.
C) Census Bureau.
D) Federal Reserve System.

Question

Quizplus · Accepted Answer

The Census Bureau is not involved in regulating financial institutions. The other three entities listed are all involved in regulating financial institutions to increase the level of safety in the financial system. The Securities and Exchange Commission regulates securities markets and protects investors. The Federal Deposit Insurance Corporation insures deposits made by individuals and organizations in banks and thrift institutions. The Federal Reserve System supervises and regulates banks and other financial institutions, and is also responsible for implementing monetary policy.

To Increase the Level of Safety in the Financial System,financial