Which of the following is true of the Dodd-Frank Wall Street Reform and Consumer Protection Act?
A) The Dodd-Frank Act prevents bank holding companies from branching across state lines.
B) The Dodd-Frank Act allowed banks to sell insurance and engage in investment banking activities.
C) The Dodd-Frank Act was passed in the year 1999.
D) Under the Dodd-Frank Act banking regulators increased the capital and liquidity requirements for banks and other financial institutions.
Correct Answer:
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