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How the Dodd-Frank Act Aims to Prevent Another Financial Crisis
The Dodd-Frank Wall Street Reform and Consumer Protection Act, enacted in 2010, is one of the most significant regulatory overhauls in the history of the United States since the Great Depression. It was introduced in response to the catastrophic financial crisis of 2008, aiming to bring greater stability and transparency to the financial industry. The law's provisions are designed to reduce risk, increase accountability, and provide robust consumer protections to…
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