The U.S.government, in the year 2010, passed the activities that can lead to financial crisis. Act to prevent financial institutions from engaging in

Question

The U.S.government, in the year 2010, passed the activities that can lead to financial crisis.  Act to prevent financial institutions from engaging in

Quizplus · Accepted Answer

The Dodd-Frank Wall Street Reform and Consumer Protection Act was passed in 2010 to prevent financial institutions from engaging in activities that could lead to a financial crisis. It includes provisions such as increased regulation of derivatives, risk-based capital requirements, and the creation of the Consumer Financial Protection Bureau. The other options are not specific to preventing financial crises or were passed prior to 2010.

The USGovernment, in the Year 2010, Passed the Activities That Can