Which of the following was not an intention of The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010?
A)improve accountability
B)discontinue the "too big to fail" approach
C)improve transparency
D)protect consumers from exploitation
E)Recapitalize banks

Question

Quizplus · Accepted Answer

Recapitalizing banks was not an intended goal of The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. The act was primarily aimed at reforming the financial system to prevent another financial crisis by improving accountability, transparency, and consumer protection. The act also sought to address the issue of institutions deemed "too big to fail" by introducing regulatory measures to mitigate the risks associated with such firms.

Which of the Following Was Not an Intention of the Dodd-Frank