Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. explain the relevance of the dodd frank act and th

Explain the relevance of the Dodd Frank Act and the BASEL Agreements to US banks who...

80.2K

Verified Solution

Question

Finance

Explain the relevance of the Dodd Frank Act and the BASELAgreements to US banks who conduct business on a globalbasis.

Answer & Explanation Solved by verified expert
3.8 Ratings (370 Votes)
Dodd Frank Act This law was passed with the intention to protect the consumers of financial institutions and regulate the securities market This law was passed after the recession of 2008 with the aim to protect too big to fall banks This also made a clear demarcation between the activities of    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

Explain the relevance of the Dodd Frank Act and the BASELAgreements to US banks who conduct business on a globalbasis.

Other questions asked by students

Finance
1.2K views

A 1-year call option with a strike price of $80 cost $20. A share costs $70....

Basic Math
1.2K views

A linear cost function is C(x) = 7x + 800. (Assume C is measured in dollars.) (a) What...

Physics
1.2K views

A match 5 cm long is placed 20 cm in front of a concave mirror whose...

Biology
1.2K views

In a feedback loop, positive feedback leads to a reinforcing response, while a [?] feedback...

Physics
1.2K views

When four identical resistors are connected to an ideal battery of voltage V 10 V...

Geometry
1.2K views

warm up When you have finished your work A parabola with equation y x 13...

Basic Math
1.2K views

Simplify ?24 to the form a?b.a =b =

Basic Math
1.2K views

Lisa has one red die and one green die, which she rolls to make up...

Algebra
1.2K views

energy recovery in the Unitear did the amount of log 3 x 2 9x 27...

Accounting
1.2K views

A company adopted dollar-value LIFO on January 1,2024, when the inventory value...

Accounting
1.2K views

Technology will actually democratize opportunity. When the new 5G network is implemented and the next...

Accounting
1.2K views

Federal Reserve Bank, detailed analysis for concrete Fraud Cases and Litigation over the years.