Chapter 14. Regulation After the 2008 Crisis

EIA Activity: Regulation After the 2008 Crisis

1. Question

   Use Link 1 to answer the following questions. True or False: The Bureau of Consumer Financial Protection enforces federal consumer financial laws.

   A.

   False.

   B.

   True.

2. Question

   The Bureau of Consumer Financial Protection supervises which of the following:

   A.

   Banks

   B.

   Credit unions

   C.

   Other financial companies

   D.

   All of the above

3. Question

   The Bureau of Consumer Financial Protection does which of the following?

   A.

   Promotes financial education

   B.

   Takes consumer complaints

   C.

   Researches consumer behavior

   D.

   All of the above

4. Question

   True or False: The Bureau of Consumer Financial Protection does not restrict unfair, deceptive, or abusive acts.

   A.

   True.

   B.

   False.

5. Question

   True or False: The Bureau of Consumer Financial Protection enforces laws that outlaw discrimination in consumer finance.

   A.

   False.

   B.

   True.

6. Question

   Do you think commercial banks should be regulated the same way as non-deposit taking financial institutions? Discuss.

   Your response will be graded by your instructor.

   Do you think commercial banks should be regulated the same way as non-deposit taking financial institutions? Discuss.

7. Question

   Do you think it is a good idea to make financial risks more transparent for consumers and businesses? Discuss.

   Your response will be graded by your instructor.

   Do you think it is a good idea to make financial risks more transparent for consumers and businesses? Discuss.

• Point per question: 1pts for short answer 1pts for multiple choice
• number of attempts on quiz as a whole: 1 or unlimited?
• set which score reports to Gradebook: first, most recent, highest, or average
• Randomize answers (for multiple choice questions only)? Yes or no