Which of the following is not a goal of the Dodd-Frank Act of 2010?
A) To anticipate and prevent financial crises by limiting systemic risk
B) To end "too big to fail"
C) To promote competition
D) To reduce moral hazard

Question

Quizplus · Accepted Answer

The Dodd-Frank Act of 2010 aims to prevent financial crises by limiting systemic risk, end "too big to fail," and reduce moral hazard. However, promoting competition is not explicitly listed as a goal of the Act.

Which of the Following Is Not a Goal of the Dodd-Frank