Question

select all the correct answers.
which two of the following regulatory agencies were established as a result of the great depression?

financial industry regulatory authority
consumer financial protection bureau
financial stability oversight council
federal deposit insurance corporation
securities and exchange commission

Explanation:

1. The Great Depression led to the establishment of regulatory agencies to stabilize the financial system.

• The Federal Deposit Insurance Corporation (FDIC) was created to insure bank deposits and restore public confidence in banks.
• The Securities and Exchange Commission (SEC) was established to regulate the stock market and prevent fraud, which was rampant during the Depression.
• The Financial Industry Regulatory Authority (FINRA), Consumer Financial Protection Bureau, and Financial Stability Oversight Council were established much later (not as a direct result of the Great Depression).

Answer:

D. Federal Deposit Insurance Corporation, E. Securities and Exchange Commission