dodd-frank wall street reform and consumer protection act
The Dodd-Frank Wall Street Reform and Consumer Protection Act is a comprehensive financial reform legislation enacted in 2010 in response to the 2007-2008 financial crisis. It aims to regulate and strengthen the financial industry, increase transparency, and protect consumers from predatory practices by implementing various measures such as oversight of banks, creation of new regulatory agencies, increased capital requirements, and improved consumer protections.
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