The Dodd-Frank Act modified the regulation of bank and savings institu.docx

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The Dodd-Frank Act modified the regulation of bank and savings institutions by: Question 5 options: Solution b) transferring regulation of savings institutions to the Office of the Comptroller of the Currency .

The Dodd-Frank Act modified the regulation of bank and savings institutions by:
Question 5 options:
a) requiring all national banks to join the Fed system.
b)
transferring regulation of savings institutions to the Office of the Comptroller of the
Currency.
c) requiring credit unions to be regulated under the National Credit Union Administration.
d) allowing the FDIC to increase its oversight of all commercial banks and savings institutions.
Solution
b) transferring regulation of savings institutions to the Office of the Comptroller of the Currency

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The Dodd-Frank Act modified the regulation of bank and savings institu.docx

  • 1. The Dodd-Frank Act modified the regulation of bank and savings institutions by: Question 5 options: a) requiring all national banks to join the Fed system. b) transferring regulation of savings institutions to the Office of the Comptroller of the Currency. c) requiring credit unions to be regulated under the National Credit Union Administration. d) allowing the FDIC to increase its oversight of all commercial banks and savings institutions. Solution b) transferring regulation of savings institutions to the Office of the Comptroller of the Currency