In response to the financial crisis of 2008, Congress enacted a series of reforms that

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The reforms enacted in response to the financial crisis of 2008 substantially strengthened the Securities and Exchange Commission's enforcement capabilities. This included increased funding and expanded authority to regulate and oversee financial institutions, as well as new powers to investigate and punish fraudulent or deceptive practices. The reforms also created new oversight bodies, such as the Financial Stability Oversight Council, to monitor systemic risks in the financial system. The reforms did not eliminate or weaken the Federal Reserve Board or the Securities and Exchange Commission.

In Response to the Financial Crisis of 2008, Congress Enacted