The _____ of 2010 expanded the Fed's regulatory authority over nondepository financial institutions, such as hedge funds and mortgage brokers that had previously operated with little regulatory oversight or accountability.

Question

Quizplus · Accepted Answer

The Dodd-Frank Act of 2010 was enacted to increase regulation and oversight of financial institutions, including nondepository entities, following the 2008 financial crisis.

The _____ of 2010 Expanded the Fed's Regulatory Authority Over