Domain IV: The Regulatory Environment (10-20%)

A. Overview of the Regulatory Environment (A)

1. Function of Central Bank
2. Function of Insurance Regulators
3. Function of Securities Regulators

B. Laws and Regulations (A)

1. Equal Credit Opportunity/Antidiscrimination
2. Home Mortgage Disclosure
3. Reserve Requirements
4. Insider Transactions
5. Lending Disclosure
6. Deposits Disclosure
7. Real Estate Sales Disclosure
8. Self-assessment of Internal Controls/Risk Management
9. Investor/Depositor Protection
10. Financial and Personal Information Privacy
11. Anti-Money Laundering

C. Stock Exchanges and Other Markets (A)

D. Money and Banking (A)

1. Role of Money and Banking
2. Bond and Stock Markets
3. Effect of Interest Rate Movements
4. Monetary Management Theories

P=Candidates must exhibit proficiency (thorough understanding, ability to apply concepts) in these topic areas.
A=Candidates must exhibit awareness (knowledge of terminology and fundamentals) in these topic areas.