Question

Which practice is limited by the Volcker rule of the Dodd-Frank Act? 1- Conflicts of interest...

Which practice is limited by the Volcker rule of the Dodd-Frank Act?

1- Conflicts of interest by bank board members

2- The role of inside directors

3- Bank investments in hedge funds

4- Issuance of limited prospectuses

0 0
Add a comment Improve this question Transcribed image text
Answer #1
The Volcker rule relies on the premise that speculative activities by
banks do not benefit banks customers.
The Volcker rule prohibits banks from acquiring and retaining ownership interests
in hedge funds and private equity funds.
The Volcker rule aims at preventing banks from making speculative investments that
led to the 2008 financial crisis.
3- Bank investments in hedge funds
Add a comment
Know the answer?
Add Answer to:
Which practice is limited by the Volcker rule of the Dodd-Frank Act? 1- Conflicts of interest...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • The significant Dodd-Frank Act of 2010 provides authority to the Federal Insurance Office for which of...

    The significant Dodd-Frank Act of 2010 provides authority to the Federal Insurance Office for which of the following? 1. to represent the federal government in international discussions of insurance regulation 2. to license and charter new insurance companies that plan to operate nationally 3. to be the primary monitor of insurance company solvency 4. to be the primary regulator of all aspects of insurance

  • 7) The Financial Reform Act (Wall Street Reform and Consumer Protection Act or Dodd-Frank Act) of...

    7) The Financial Reform Act (Wall Street Reform and Consumer Protection Act or Dodd-Frank Act) of 2010: a. ended the system of risk-based insurance premiums. b. set requirements for the Deposit Insurance Fund's reserves. c. raised the limit for insured deposits to $750,000 per depositor. d. allowed large insurance companies such as American International Group to compete with the FDIC to insure bank deposits. 9) The Basel III framework recommends that banks maintain a minimum level of Tier 1 capital,...

  • choices are: audit, dodd frank act, ethics, fraud triangle, internal controls, prevention, sarbanes oxely act Exercise...

    choices are: audit, dodd frank act, ethics, fraud triangle, internal controls, prevention, sarbanes oxely act Exercise 1-5 Identifying ethical terminology LO C3 Match each of the descriptions with the term or phrase it best reflects. Termor Phrase Audit Description 1. Requires the SEC to pay whistleblowers 2. Examine whether financial statements are prepared uung GANP does not sure absolute accuracy of the statements 3. Requires documentation and verification of internal controls and increases emphasis on internal control effectiveness 4. Procedures...

  • 1. The U.S. Foreign Corrupt Practices Act and a new provision in the Dodd-Frank financial regulation-law...

    1. The U.S. Foreign Corrupt Practices Act and a new provision in the Dodd-Frank financial regulation-law allows company employees who bring cases of financial fraud, such as bribery, to the government's attention to receive ________ percent of any sum recovered. a. less than 10 b. exactly 20 c. up to 30 d. about 40 d. at least 50 2. Which of the following was among the most admired companies for social responsibility in 2012 according to Fortune magazine? a. GDF...

  • Which of the following statements on managing conflicts of interest is incorrect? (1)Researchers are obliged to...

    Which of the following statements on managing conflicts of interest is incorrect? (1)Researchers are obliged to avoid secondary interests having undue influence on primary interests. (2)Researchers absolutely cannot accept funding from companies. (3)IRB members should honestly disclose their relationship with the applicant. (4)The Conflicts of Interest Commission has the authority to review the management of conflicts of interest in research.

  • 0.75 pts Question 1 The Dodd-Frank Wall Street Reform Bill: increased capital requirements of investment banks....

    0.75 pts Question 1 The Dodd-Frank Wall Street Reform Bill: increased capital requirements of investment banks. O requires that financial derivatives be traded on regulated exchanges. )created the Bureau of Consumer Financial Protection within the Federal Reserve. All of the above None of the above. Question 2 0.75 pts Which financial reform legislation removed the Glass-Stegal provisions separating commercial from investment banking? Depository Institutions and Deregulation Monetary Control Act-198. O Garn-St. Germain Depository Institutions Act-1982 O Financial Services Moderization Act-1999....

  • 1. Insiders must file a statement of the amount of such issues of which they are...

    1. Insiders must file a statement of the amount of such issues of which they are the owners: a. only after 10 days of becoming an insider b. only at the time of the registration c. only after 30 days of becoming an insider d. at the time of the registration or within 10 days after becoming an insider e. within 5 days of becoming an insider 2. The members of the Public Company Accounting Oversight Board are appointed by...

  • The U.S. government, in the year 2010, passed the _____ Act to prevent financial institutions from...

    The U.S. government, in the year 2010, passed the _____ Act to prevent financial institutions from engaging in activities that can lead to financial crisis. Select one: Glass-Steagall Dodd-Frank Wall Street Reform and Consumer Protection Financial Institutions Reform, Recovery, and Enforcement Gramm-Leach-Bliley Question 7 Not yet answered Marked out of 1.00 Flag question Question text Suppose the economy is thought to be 1 percent below its potential output (i.e., the output gap is −1 percent). The potential output is growing...

  • 1. The primary goal of financial management is most associated with increasing the a. dollar amount...

    1. The primary goal of financial management is most associated with increasing the a. dollar amount of each sale. b. traffic flow within the firm's stores c. the fixed costs while lowering the variable costs. d. firm's liquidity e. market value of the firm. 2. Which form of corporate business structure is the least likely to have governance problems? a. sole proprietorship b. partnership c. limited corporate partner d. corporation What is the primary purpose for establishing a board of...

  • Question 4 is already complete 1. The Act provided for an establishment of the Public Company...

    Question 4 is already complete 1. The Act provided for an establishment of the Public Company Accounting Oversight Board. Please describe the makeup of this committee (names and what they did prior to serving on the board). 2. The bill contains a provision for partner rotation. Please explain the proposed rules. Section 404 of the Act speaks to work required by accountants. Please explain. 3. 4. There are nine (9) specific services that are outside the scope of practice of...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT