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The passage of the Financial Reform Law of 2010 changed The Federal Deposit Insurance Corporation (FDIC) protection of bank deposit accounts from the previous $250,000

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The passage of the Financial Reform Law of 2010 changed The Federal Deposit Insurance Corporation (FDIC) protection of bank deposit accounts from the previous $250,000 to $100,000 per account. This was seen as an attempt to instill market discipline on depositors. True False

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