Posts Tagged ‘Dodd Frank Act’

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What Is the Dodd-Frank Act?

The term Dodd-Frank refers to a comprehensive and complicated piece of financial regulation born out of the Great Recession of 2008. The full name of the bill is Dodd-Frank Wall Street Reform and Consumer Protection Act. But it is better known and most often referred to as Dodd-Frank. In simple terms, Dodd-Frank is a law that places major regulations on the financial industry. It grew out of the Great Recession, with the intention of preventing another collapse of a major […]