The Depository Institutions Deregulatory and Monetary Control Act of 1980

Multiple Choice

The Depository Institutions Deregulatory and Monetary Control Act of 1980 (DIDMCA)

A) reduced the asset and liability powers for banks and thrifts.
B) reinforced many of the regulations that had been put in place during the Great Depression.
C) set uniform and universal reserve requirements for all depositories and suspended usury ceilings.
D) All of the above are correct.