Which of the Following Is NOT a Corrective Action That

question 58

Multiple Choice

Which of the following is NOT a corrective action that regulators may take when a bank is identified as a problem bank?

• A)remove particular officers and directors of the bank
• B)request that the bank boost its capital level or delay its plans to expand
• C)require the bank to provide additional financial information that is periodically updated to allow continued monitoring
• D)take legal action against the bank if it does not comply with their suggested remedies
• E)All of these are possible corrective actions taken by bank regulators.

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