The Dodd-Frank Act expanded the SEC's jurisdiction and provided it with a powerful set of new tools which include:

Question

Quizplus · Accepted Answer

The Dodd-Frank Act indeed expanded the SEC's jurisdiction and provided it with new tools, including the ability to conduct secret investigations, imposing a fiduciary duty on broker-dealers, and requiring the registration of hedge funds. These measures were part of a broader effort to increase transparency and oversight in the financial sector following the 2008 financial crisis.

The Dodd-Frank Act Expanded the SEC's Jurisdiction and Provided It