The legislation passed in 2010 that was intended to reform regulation of the financial system was the
A) Glass-Steagall Act.
B) Wall Street Reform and Consumer Protection Act.
C) Sarbanes-Oxley Act.
D) Federal National Mortgage Act.
Question 2
Mortgage-backed securities are similar to bonds in that the investor who buys one receives
A) dividend payments.
B) federal insurance to cover the value of the security.
C) regular interest payments.
D) partial ownership of the company that issued the security.