contestada

he Federal Reserve Board (FRB) found that Parson Incorporated, a newly-established financial company, violated banking laws. The company was involved in transactions that were prohibited by the United States government. Along with imposing a hefty fine, the FRB issued an order that Parson stop conducting objectionable transactions and refrain from making such transactions in the future. This order is an example of a(n)

Respuesta :

The correct option is, cease and desist order.

Why was the Federal Reserve under Ben Bernanke considered activist?

  • To make up for the inaction of Congress, it deployed monetary mechanisms like quantitative easing.

Which of the following federal agencies protect the public from anti competitive behavior and unfair and deceptive business practices?

  • A violation of Section 5 of the Federal Trade Commission Act, which forbids "unfair methods of competition" and "unfair or deceptive acts or practices," is generally what the FTC pursues when it comes to anticompetitive behavior.

What is the purpose of the Federal Trade Commission FTC )?

  • The government organization in charge of protecting consumers in the country and maintaining healthy corporate competitiveness.
  • Its responsibility is to ensure sure businesses compete fairly and don't deceive customers about their goods and services.

Learn more about Federal Reserve Board here:

https://brainly.com/question/7798250

#SPJ4

Otras preguntas