Multiple Choice
__________ was passed in response to the Great Depression. It established Regulation Q ceilings, separated commercial and investment banking, and created the FDIC.
A) The Glass-Steagall Act
B) The McFadden Act
C) The Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA)
D) The Depository Institutions Deregulation and Monetary Control Act (DIDMCA)
Correct Answer:

Verified
Correct Answer:
Verified
Q9: Applicants desiring a bank charter for banking
Q10: The McFadden Act was designed to do
Q11: The erosion and breakdown of barriers to
Q12: The Glass-Steagall Act of 1933 established which
Q13: Which of the following is not authorized
Q15: Who regulates state-chartered, insured, Fed-member banks?<br>A)the Federal
Q16: Who is the primary regulator of state-chartered,
Q17: Regulation Q refers to which of the
Q18: The Interstate Banking and Branching Efficiency Act
Q19: In order to be a commercial bank