Under the Investor Protection and Securities Reform Act of 2010,new corporate governance rules are imposed on publicly and privately held companies.

Question

Quizplus · Accepted Answer

The Investor Protection and Securities Reform Act of 2010, commonly referred to as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act, primarily focuses on reforming the financial industry and protecting investors. It does not impose new corporate governance rules on privately held companies; its regulations mainly target publicly traded companies and financial institutions.