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In the United States, who regulates the banking and financial system? a. The Supreme Court b. Congress c. The Federal Reserve d. Financial Associates, Inc. Please select the best answer from the choices provided A B C D

User DonMax
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Answer:

hey

In the United States, several entities play key roles in regulating the banking and financial system:

The Federal Reserve System (the Fed): The Fed is the central banking system of the United States. It oversees monetary policy, regulates and supervises banks, maintains financial stability, and provides banking services to financial institutions. The Federal Reserve works to promote a safe and sound banking system and ensures the stability of the overall financial system.

Office of the Comptroller of the Currency (OCC): The OCC is an independent bureau within the U.S. Department of the Treasury. It charters, regulates, and supervises national banks and federal savings associations. The OCC's primary goal is to ensure the safety and soundness of these institutions, foster fair and transparent markets, and provide consumer protection.

Federal Deposit Insurance Corporation (FDIC): The FDIC is an independent agency that insures deposits in banks and savings associations. It promotes the stability and public confidence in the nation's banking system by safeguarding deposits and resolving failed financial institutions.

Consumer Financial Protection Bureau (CFPB): The CFPB is an independent agency that works to protect consumers in the financial marketplace. It regulates and supervises financial institutions, enforces consumer protection laws, and provides educational resources and tools for consumers.

Securities and Exchange Commission (SEC): The SEC is an independent agency that regulates and oversees the securities industry, including the stock exchanges, securities brokers and dealers, investment advisors, and mutual funds. It aims to protect investors, maintain fair and efficient markets, and facilitate capital formation.

Commodity Futures Trading Commission (CFTC): The CFTC is an independent agency that regulates the U.S. derivatives markets, including futures contracts, options, and swaps. It works to promote the integrity, transparency, and stability of these markets to protect market participants and the public from fraud and manipulation.

in summary the answer is THE FEDERAL RESERVE (C)

User Maulik Modi
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Answer: C, The federal Reserve

Explanation:there are a few agencies that oversee financial institutions and markets in the United States, including the Federal Reserve Board (FRB), the Federal Deposit Insurance Corp. (FDIC), and the Securities and Exchange Commission (SEC).

User Apk
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