181k views
4 votes
Name the departments, offices, or agencies that were created by the Dodd -Frank legislation

1 Answer

4 votes

Answer:

Dodd Frank created another federal agency that oversees the consumer protection in financial sectors.

Step-by-step explanation:

Dodd Frank was announced an act named The Dodd Frank Wall Street Reform And Consumer Protection by former president Barak Obama. The Dodd Frank was a statutory body of finance. But later on Donald trump said that Dodd Frank is a burdensome.

Dodd Frank has been created the FSOC. This is the system that monitor the financial. It gives the power to the deemed university. These firms were called too big to fail.

The Dodd Frank created another independent research financial within the treasury department.

User Ehsan Masoudi
by
5.0k points