Regulatory agencies

Regulatory agencies

Assessment

Flashcard

Other

12th Grade

Medium

Created by

Juliet Schweiter

Used 1+ times

FREE Resource

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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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