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

question 53

Multiple Choice

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

• A) Dodd-Frank brought about a multitier 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 established the Consumer Financial Protection Bureau.

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Definitions:

Social Media

Digital platforms that enable users to create, share, and engage with content and participate in social networking.

Interpersonal Relationship

A connection between two or more people, based on social or emotional interactions, communication, and shared experiences.

Printed Message

Information or content that is conveyed through a medium that has been physically printed, such as a book or newspaper.

Electronic Media

Platforms or channels that use electronics or digital technology for the distribution of content to a wide audience.