Which of the following is not a major provision of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010?
A) New organizations to protect and inform consumers will be created
B) greater transparency for trading exotic securities will be required
C) stockholders will be permitted to have a say on corporate governance,including executive compensation,through nonbinding votes
D) Fannie Mae and Freddie Mac will be liquidated

Question

Quizplus · Accepted Answer

While the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 does address the issue of Fannie Mae and Freddie Mac and attempts to reform the housing finance system, it does not specifically call for their liquidation. Therefore, option D is the correct answer, as it is not a major provision of the act. Options A, B, and C, on the other hand, are major provisions that aim to protect consumers by creating new organizations, increasing transparency, and empowering stockholders.

Which of the Following Is Not a Major Provision of the Dodd-Frank