Regulatory agencies

Flashcard
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Other
•
12th Grade
•
Medium
Juliet Schweiter
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10 questions
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1.
FLASHCARD QUESTION
Front
What does SEC stand for?
Back
Securities and Exchange Commission
2.
FLASHCARD QUESTION
Front
Which agency insures accounts at commercial banks and has the power to take over failed commercial banks?
Back
Federal Deposit Insurance Corporation (FDIC)
3.
FLASHCARD QUESTION
Front
Which not-for-profit organization is authorized by Congress and ensures that banks, lenders, and other financial companies treat customers fairly?
Back
Consumer Financial Protection Bureau (CFPB)
4.
FLASHCARD QUESTION
Front
Which agency protects investors; maintains fair, orderly, and efficient markets; and monitors corporate takeovers?
Back
Securities and Exchange Commission (SEC)
5.
FLASHCARD QUESTION
Front
Which agency operates as the nation's central bank and serves to ensure that adequate amounts of currency and coins are in circulation?
Back
The Federal Reserve
6.
FLASHCARD QUESTION
Front
Which agency is responsible for collecting income taxes and administering audits?
Back
Internal Revenue Service (IRS)
7.
FLASHCARD QUESTION
Front
Which agency makes sure we are safe at work?
Back
OSHA
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