Which of the following comes under the purview of the Bureau of Consumer Financial Protection?
A)to determine rules and regulations for consumer warranties
B)to provide financial resources to environmentally friendly businesses
C)to enforce rules for the marketing of financial products to consumers
D)to enforce and implement the National Do-Not-Call Registry
E)to prohibit monopolies and activities that restrain trade or competition in interstate commerce

Question

Quizplus · Accepted Answer

The Bureau of Consumer Financial Protection is responsible for enforcing rules for the marketing of financial products to consumers. This includes ensuring that financial institutions and lenders are transparent and truthful in their advertising and that they do not engage in discriminatory practices.

Answer: A, D, and E are incorrect.
 A is incorrect because the determination of rules and regulations for consumer warranties falls under the jurisdiction of the Federal Trade Commission. D is also incorrect because the National Do-Not-Call Registry is managed by the Federal Trade Commission and the Federal Communications Commission. Finally, E is incorrect because the prohibition of monopolies and activities that restrain trade or competition in interstate commerce is the responsibility of the Department of Justice's Antitrust Division.

Which of the Following Comes Under the Purview of the Bureau