Which of the Following Is NOT True Regarding the Dodd-Frank

question 44

Multiple Choice

Which of the following is NOT true regarding the Dodd-Frank Wall Street Reform and Consumer Protection Act?

• A) Dodd-Frank will bring about a multi-tier system of banks in which the larger banks are highly regulated but the smaller community banks are not.
• B) Dodd-Frank created the Financial Stability Oversight Council.
• C) Dodd-Frank significantly curtailed certain powers of the Federal Reserve Board.
• D) Dodd-Frank consolidated the Securities and Exchange Commission and the Commodity Futures Trading Commission into one agency.

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Definitions:

Availability Heuristic

A cognitive shortcut that relies on immediate examples that come to a given person's mind when evaluating a specific topic, concept, method, or decision.

Press Coverage

The dissemination and reporting of news events and information by various media outlets.

Eating Disorders

Eating disorders are psychological conditions characterized by abnormal or disturbed eating habits, which negatively affect a person's health and well-being.

Bulimia Nervosa

An eating disorder characterized by episodes of binge eating followed by compensatory behaviors, such as purging, fasting, or excessive exercise.