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Which major legislative act requires the FDIC to apply prompt corrective action (PCA) toward undercapitalized banks? A. Depository Institutions Deregulation and Monetary Control Act (DIDMCA)
Which major legislative act requires the FDIC to apply prompt corrective action (PCA) toward undercapitalized banks?
A. | Depository Institutions Deregulation and Monetary Control Act (DIDMCA) | |
B. | Federal Deposit Insurance Corporation Improvement Act (FDICIA) | |
C. | Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) | |
D. | Gramm-Leach-Bliley Act (Financial Services Modernization Act) | |
E. | Garn-St Germain Depository Institutions Act |
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