One provision of the Dodd-Frank Act was creation of the Financial Stab
One provision of the Dodd-Frank Act was creation of the Financial Stability Oversight Council.
This council is charged with identifying nonbank financial companies that could increase the risk of collapse of the entire financial system. This risk is called
A) market risk.
B) systemic risk.
C) diversifiable risk.
D) enterprise risk.
ANSWER
Answer: B
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