Author Question: The Dodd-Frank Act created a federal body with some limited regulatory authority. For example, ... (Read 65 times)

deesands · **on:** Jul 11, 2018

The Dodd-Frank Act created a federal body with some limited regulatory authority.

For example, the organization can represent the federal government in international negotiations regarding insurance and it can preempt state law where it conflicts with negotiated international agreements. This body is called the
A) National Insurance Bureau.
B) Federal Office of Insurance.
C) Department of International Insurance.
D) International Insurance Bureau.

Question 2

One provision of the Dodd-Frank Act was creation of the Financial Stability Oversight Council.

This council is charged with identifying nonbank financial companies that could increase the risk of collapse of the entire financial system. This risk is called
A) market risk.
B) systemic risk.
C) diversifiable risk.
D) enterprise risk.