This bill reformed Wall Street and provided greater oversight of transactions by federal authorities.

Question

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The Dodd-Frank bill, also known as the Dodd-Frank Wall Street Reform and Consumer Protection Act, was signed into law in 2010 with the goal of protecting consumers and preventing another financial crisis. It provides greater oversight of transactions by federal authorities and includes provisions such as the creation of the Consumer Financial Protection Bureau and the Volcker Rule to limit risky investments by banks.

This Bill Reformed Wall Street and Provided Greater Oversight of Transactions