Creation of new organizations to monitor rules associated with the capital, liquidity, and risk of institutions to help prevent future failures of mega financial organizations was proposed in which of the following acts?

Question

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The creation of new organizations to monitor rules associated with the capital, liquidity, and risk of institutions to help prevent future failures of mega financial organizations was proposed in the Dodd-Frank Wall Street Reform and Consumer Protection Act. This act was passed in response to the 2008 financial crisis and aimed to increase regulation and oversight of the financial industry.

Creation of New Organizations to Monitor Rules Associated with the Capital