Which of the following isfalse about the Volcker Rule in the Dodd-Frank Act?

Question 9 options:

The provision aims to prohibit proprietary trading by banks for their own profit

The rule was completed and implemented in July 2010

One of the problems with implementing the rule is distinguishing between trading for the bank's profits versus trading for customers

Volcker rule allows banks to trade for hedging purposes

Which of the following are ways that banks are regulated by Dodd-Frank Act?

Question 10 options:

A. Banks considered "too-big-to-fail" can be required to increase their reserves

B. "Too-big-to-fail" banks will be required to justify Government bailout in case of a similar financial crisis in the future

C. "Too-big-to-fail" banks are required to have a plan to shutdown in an orderly fashion in case of illiquidity

D. All of the above are true

E. A and C are true

F. A and B are true