The largest regulatory change in U.S. financial markets since 1930 is known as:
A) Basel III.
B) the Fred-Bob Act.
C) the Gramm-Leach-Bliley Act.
D) the Dodd-Frank Act.

Question

Quizplus · Accepted Answer

The Dodd-Frank Act, passed in 2010, was designed to reform the financial system in the aftermath of the 2008 financial crisis. It created significant new regulations for banks, including requirements for higher capital levels, stress testing, and resolution plans, as well as the creation of the Consumer Financial Protection Bureau.

The Largest Regulatory Change in U