19-67 Which of the Following Methods Was NOT a Method

question 68

Multiple Choice

19-67 Which of the following methods was NOT a method used to replenish the FDIC's deposit insurance reserve fund during the most recent financial crisis?

• A)A special assessment was imposed on participating FIs in early 2009.
• B)Individual depositor insurance coverage was increased to $250,000.
• C)Deposit insurance premiums were increased.
• D)Participating institutions were required to pre-pay insurance premiums.
• E)A special assessment was imposed on participating FIs during the fall of 2009.

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Definitions:

Treasury Securities

Government bonds issued by the Treasury of a country, considered low-risk investments since they are backed by the government's credit.

NYSE

The New York Stock Exchange, one of the largest stock exchanges in the world, where stocks of public companies are bought and sold.

NASD

Was a self-regulatory organization for the U.S. securities industry, responsible for regulatory oversight, which is now part of FINRA (Financial Industry Regulatory Authority).

NASDAQ

The National Association of Securities Dealers Automated Quotations, an American stock exchange known for its high concentration of technology companies.