Bank Regulation Explained: FDIC, Basel Accords, and the Financial Reform Act
Book: Financial Markets and Institutions, 11th Edition Author: Jeff Madura Publisher: Cengage Learning, 2015 ISBN: 978-1-133-94788-2
Chapter 18 is all about the rules banks have to follow. The short version: banks hold other people’s money, so governments regulate them to prevent disasters. The longer version involves a complex web of federal and state agencies, capital requirements, and lessons learned from every financial crisis.