Multiple Choice
Which of the following is true of the Financial Stability Oversight Council?
A) The council will identify banks or nonbanks that pose a threat to the financial system.
B) The council was to be subject to oversight by the Government Accountability Office for a short period during 2008.
C) It does not include members of the Treasury and the Federal Reserve.
D) It was established by the Securities Exchange Act of 1934.
Correct Answer:
Verified
Correct Answer:
Verified
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