which of the following describes a responsibility of the fdic? to regulate trade on the stock market to…
which of the following describes a responsibility of the fdic? to regulate trade on the stock market to limit the losses of bank account holders to reduce the risk of investing in stocks to monitor whether corporations follow the law
Answer
Brief Explanations:
The Federal Deposit Insurance Corporation (FDIC) insures bank deposits. Its main role is to limit the losses of bank - account holders in case of bank failures. It doesn't regulate stock - market trade (that's more of the SEC's role), reduce stock - investment risk, or monitor corporate law compliance.
Answer:
to limit the losses of bank account holders