Which of the Following Statements Concerning Bank Regulation in the United

question 99

Multiple Choice

Which of the following statements concerning bank regulation in the United States are true?

• A) The Office of the Comptroller of the Currency has the primary responsibility for state banks that are members of the Federal Reserve System.
• B) The Federal Reserve and the state banking authorities jointly have responsibility for state banks that are members of the Federal Reserve System.
• C) The Office of the Comptroller of the Currency has sole regulatory responsibility over bank holding companies.
• D) All of the above are true.
• E) Only A and B of the above are true.