In the financial services sector,strict reporting requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 are leading to greater use of data governance.

Question

Quizplus · Accepted Answer

The statement is true, as the Dodd-Frank Act mandates stricter reporting requirements for financial institutions and requires them to have robust data governance processes in place.

In the Financial Services Sector,strict Reporting Requirements of the Dodd-Frank