Legislation developed in response to the 2008-2010 financial crisis,which includes rewards for information about securities violations successfully enforced by the Securities and Exchange Commission,is called the ______________.
A) Dodd-Frank Act
B) Sarbanes-Oxley Act
C) Civil Rights Act
D) False Claims Act
E) none of the above

Question

Quizplus · Accepted Answer

The Dodd-Frank Act, also known as the Dodd-Frank Wall Street Reform and Consumer Protection Act, was passed in 2010 in response to the financial crisis. One of its provisions is the creation of a whistleblower program that rewards individuals who provide information about securities violations that result in successful enforcement actions by the Securities and Exchange Commission. The Sarbanes-Oxley Act, passed in 2002, also relates to securities regulation and corporate governance, but does not include a whistleblower program with rewards. The Civil Rights Act and False Claims Act do not relate to securities regulation.

Legislation Developed in Response to the 2008-2010 Financial Crisis,which Includes