What Was The Dodd-Frank Failure

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The Dodd-Frank Act is a federal law that places regulation of the financial industry in the government. It grew out of the Great Recession with the purpose of avoiding another collapse of a major financial institution. It is intended to safeguard consumer’s procedures to prevent borrowers from being taken advantage of by banks and financial institutions using misleading or deceptive activities or procedures when lending money for mortgages or other purposes. Personally, I think this law is a failure. The act presented that it would terminate the “Too-big-to-fail” and help financial stability. Which none of that has happened so far; the disappearance of the “Too-big-to-fail” institutions has not occurred yet. While big banks have just gotten
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