Question

question 15
what is true about government regulations in the united states when it comes to financial institutions?
there are no government regulations for international banking.
electronic fund transfers (eft) are only regulated if they are made in commercial banks.
banks that join the federal reserve system do not have to abide by all security regulations.
the government regulates which types of financial accounts are eligible for fdic insurance.

Explanation:

The Federal Deposit Insurance Corporation (FDIC) is a U.S. government - run entity that insures certain types of financial accounts. The government sets the rules for which accounts are eligible for this insurance. International banking is regulated, EFTs are regulated across different types of institutions, and banks in the Federal Reserve System must abide by security regulations.

Answer:

The government regulates which types of financial accounts are eligible for FDIC insurance.