Task: Instance Description Understanding (ontology: Business_Finance/Financial_Industry_Business_Ontology)

Which of the following definitions best describes the instance 'Board of Governors of the Federal Reserve System'?

A. regulatory agency and registration authority role of the State of New York's Division of Corporations
B. regulatory agency and registration authority for the overall Federal Reserve System
C. regulatory agency and registration authority role of the Commonwealth of Massachusetts's Corporations Division
D. the instance, whose jurisdiction is the Ninth District of the Federal Reserve

Answer: regulatory agency and registration authority for the overall Federal Reserve System