What Was the Objective of the FDIC Improvement Act (FDICIA)

Multiple Choice

What was the objective of the FDIC Improvement Act (FDICIA) of 1991?

A) Returning the banking industry to record profit levels.
B) Restructure the savings association deposit insurance fund and transfer its management to FDIC.
C) To deny deposit insurance coverage to funds obtained through deposit brokers.
D) To restructure the bank deposit insurance fund and prevent its potential insolvency.
E) To enforce the capital standards on insured depository institutions.