Asked by Gargi Patil on Jun 11, 2024
Verified
The _____ was called "a sweeping overhaul of the financial regulatory system…on a scale not seen since the reforms that followed the Great Depression."
A) Equal Pay Act
B) Americans with Disabilities Act
C) Dodd-Frank Wall Street Reform and Consumer Protection Act
D) Age Discrimination in Employment Act
E) Title VII of the Civil Rights Act
Dodd-Frank Wall Street
A comprehensive set of financial regulations passed in 2010 in response to the 2008 financial crisis, aimed at reducing risks in the U.S. financial system.
Financial Regulatory System
A framework of laws, rules, and agencies designed to maintain the integrity and stability of the financial markets and protect consumers.
Great Depression
A severe worldwide economic downturn that took place during the 1930s, characterized by vast unemployment, deflation, and a significant decline in economic activity across much of the world.
- Become familiar with the principal aspects of notable financial and ethical regulations, including the Sarbanes-Oxley Act and the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Verified Answer
Learning Objectives
- Become familiar with the principal aspects of notable financial and ethical regulations, including the Sarbanes-Oxley Act and the Dodd-Frank Wall Street Reform and Consumer Protection Act.
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