Which of the following U.S. securities laws created the Financial Stability Oversight Council, created criteria and standards for systemically important financial companies, provided for orderly liquidation of insolvent financial companies, and regulated derivatives and hedge funds?
A) Securities Act of 1933
B) Sarbanes-Oxley Act of 2002
C) Investment Company Act of 1940
D) Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010

Question

Quizplus · Accepted Answer

The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 was enacted in response to the financial crisis of 2008. It aimed to increase financial stability by creating the Financial Stability Oversight Council, setting criteria for systemically important financial institutions, providing mechanisms for the orderly liquidation of insolvent financial companies, and imposing regulations on derivatives and hedge funds.

Which of the Following U