Multiple Choice
The resolution authority over shadow banks given to the FDIC as part of the Dodd-Frank Act, gives the FDIC authority to:
A) provide deposit insurance to shadow banks.
B) take over and close shadow banks that could create systemic risk for the economy.
C) require shadow banks to hold more capital.
D) serve as a lender of last resort to shadow banks.
Correct Answer:

Verified
Correct Answer:
Verified
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