Multiple Choice
Which of the following statements is true of the Dodd-Frank Act legislation passed in 2010?
A) The Act was formed to reform the software industry.
B) The Act made it mandatory to bail out suffering banks.
C) The Act outlawed transferring risk on investments.
D) The Act called for closer scrutiny of the derivatives market.
E) The Act recommends short-term incentives to long-term incentives.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: The Dodd-Frank Act is a legislation aimed
Q6: Experian,TransUnion,and Equifax are the three major _
Q7: Lower interest rates will _.<br>A) tempt people
Q10: Explain how the housing bubble collapsed in
Q11: Investment banks are banks that assist high
Q12: The Fed decides to lower the discount
Q28: The _ is the federal agency responsible
Q66: Credit derivatives based on home mortgages are
Q81: Compare and contrast commercial banks and investment
Q94: The LTV value of the home loans