What primarily encouraged the creation of the Dodd-Frank Wall Street Reform and Consumer Protection Act?
A) news reports about fraud by government contractors
B) the need to encourage whistleblowers in the financial industry
C) the financial crisis that began in 2007
D) the success of the False Claims Act

Question

Quizplus · Accepted Answer

The Dodd-Frank Wall Street Reform and Consumer Protection Act was primarily encouraged by the financial crisis that began in 2007, aiming to prevent a similar crisis in the future by increasing regulation on the financial industry.

What Primarily Encouraged the Creation of the Dodd-Frank Wall Street