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The Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) of 2010: ended the system of risk-based insurance premiums. set requirements for the Deposit Insurance
The Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) of 2010: ended the system of risk-based insurance premiums. set requirements for the Deposit Insurance Fund's reserves. raised the limit for insured deposits to $750,000 per depositor. allowed large insurance companies such as American International Group to compete with the FDIC to insure bank deposits
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