Exam 12: Regulation of the Banking System and the Financial Services Industry

The Federal Deposit Insurance Reform Act of 2005 did all of the following except

Which act increased the capital that S&Ls were required to hold?

In what year was the Garn-St. Germain Depository Institutions Act enacted?

In what year was the Depository Institutions Deregulation and Monetary Control Act (DIDMCA) passed?

Pension funds are regulated by

Regulation Q interest rate ceilings were phased out beginning in which year?

If left to decide the level of risk on their own, banks or other intermediaries will generally accept _______ risk, because they fail to consider the additional costs of failure that the community at large must bear.

The __________, passed in 1994, eliminated most restrictions on interstate banking.

Which act imposed risk-based insurance premiums?

__________ removed many of the regulations established during the Great Depression. It phased out Regulation Q interest rate ceilings, established uniform and universal reserve requirements, increased the assets and liabilities that depository institutions could hold, authorized NOW accounts, and suspended usury ceilings.

State-chartered credit unions are regulated by

Regulation D prescribes __________ on checkable deposits.

What term is used to describe the maximum interest rate FIs were allowed to charge borrowers for certain types of loans?

The Securities and Exchange Commission was established in what year?

Which of the following was set up for self-regulation by the financial futures industry?

With regard to reserve requirements, all banks are regulated by which of the following?

Which of the following was not a provision of the Financial Institutions Reform, Recovery, and Enforcement Act?

Which statute initiated risk-based deposit premiums?

Which of the following is false?

Federally chartered credit unions are regulated by which of the following?