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Why did the Dodd-Frank Act amend the Investment Advisers Act?

User Duncanm
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1 Answer

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It was amended with the intent to:

1. To promote the financial stability of the US

2. To improve the accountability and transparency of the fin'l system

3. End "TOO BIG TO FAIL"

4. End bailouts (Chrysler, GM, & Goldman Sachs)

5. To protect consumers from abusive financial services practices.

User Milla Tidy
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