Which of the Following Is False

question 109

Multiple Choice

Which of the following is false?

• A)The Gramm-Leach-Bliley Act (GLBA) authorized virtually nationwide branching.
• B)The Gramm-Leach-Bliley Act (GLBA) authorized the creation of financial holding companies.
• C)To become a financial holding company, a bank holding company must file a declaration with the Fed that all of their depository institution subsidiaries are well capitalized and well managed and in compliance with the Community Reinvestment Act.
• D)The Fed has ultimate regulatory responsibility for financial holding companies.

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Definitions:

Rods

Photoreceptor cells in the retina of the eye that are responsible for vision at low light levels.

Absolute Sensory Threshold

The minimum stimulus intensity required for detection by a sensory system.

Stimulus

Anything that triggers a sensory or behavioral reaction in a living organism.

Unconscious Level

Refers to the part of the mind that is inaccessible to the conscious mind but that affects behavior and emotions.