Question

In 1989, Congress took major steps to establish depository institution accountability by requiring these institutions to hold more capital as they take on riskier assets. Which of the following Congressional acts imposed these capital standards on depository institutions?
A. Depository Institutions Deregulation and Monetary Control Act
B. Financial Institutions Reform, Recovery, and Enforcement Act
C. Secure and Fair Enforcement for Mortgage Licensing Act
D. Riegle Community Development and Regulatory Improvement Act

Answer

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