Question
Among the many laws enacted that affect commercial bank, two important ones are the Financial Services Modernization Act (FSMA) and the Dodd-Frank Act (DFA). What
Among the many laws enacted that affect commercial bank, two important ones are the Financial Services Modernization Act (FSMA) and the Dodd-Frank Act (DFA).
What were the circumstances that led to these laws being passed?
Summarize the arguments both for and against making changes to these two Acts
What are the major differences in these laws relative to bank oversight (that is, how much regulation should Banks be subject to?).
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International Accounting
Authors: Frederick D. Choi, Gary K. Meek
7th Edition
978-0136111474, 0136111475
