Question

In: Finance

Which of the following pieces of legislation introduced prompt corrective action (PCA) as well as risk-based...

Which of the following pieces of legislation introduced prompt corrective action (PCA) as well as risk-based deposit insurance premiums in 1993?

            a. Garn-St. Germain Depository Institutions Act

            b. Glass –Steagall Banking Act

            c. Financial Institutions Reform, Recovery, and Enforcement Act

            d. Federal Deposit Insurance Corporation Improvement Act

            e. Riegle-Neal Interstate Banking and Branching Efficiency Act

Solutions

Expert Solution

Federal Deposit Insurance Corporation Improvement Act FDICIA introduced prompt corrective action (PCA) as well as risk-based deposit insurance premiums in 1993


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