Day: June 22, 2020

Dodd Frank Act

How the Dodd-Frank Act Regulated the Financial Industry

In the wake of the 2008 financial crisis, the lack of regulations in the banking industry was abundantly clear. As a result of loose-lending, nearly 8 million homes in the U.S were forced into foreclosure and its repercussions were felt in almost every facet of society. In the hopes of preventing another financial meltdown, the …

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