REGULATORY GOVERNMENT AGENCIES & THE ROLE THEY PLAY
Across
- 2. Financial Protection Bureau (CFPB): dedicated to making sure you are treated fairly by banks, lenders and other financial institutions
- 5. Reserve System (FED): Simply the Fed, is the central banking system of the United States.
- 6. Revenue Service (IRS): administers and enforces U.S. federal tax laws.
- 7. Exchange Commission (SEC): oversees securities exchanges, securities brokers and dealers, investment advisors, and mutual funds
Down
- 1. Deposit Insurance Corporation (FDIC): FDIC insurance protects your assets in a bank account (checking or savings).
- 3. Investor Protection Corporation (SPIC) SIPC insurance, on the other hand, protects your assets in a brokerage account. FDIC insurance protects your assets in a bank account (checking or savings).
- 4. Industry Regulatory Authority (FINRA): writes and enforces rules that govern registered brokers and broker-dealer firms in the United States.