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7. Consumer Protection and Failures In 2010, President Obama signed into law the Dodd-Frank Act. Which of the following accurately describes the intent of this

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7. Consumer Protection and Failures In 2010, President Obama signed into law the Dodd-Frank Act. Which of the following accurately describes the intent of this act? To Increase the amount of consumer protection in financial markets To mandate credit bureaus to report only accurate information and let people know what is in their credit report and correct errors O to ensure that banks that want to merge or expand can demonstrate that they are lending and providing financial services to people across the geographical area To mandate lenders to expletly state the APR being charged on the town and explain how much interest will be paid on the door Which of the following a common criticism of the Dodd-Frank Act? Check all that apply The threat of government overreach Lack of real legal ability to influence financial markets Credit reports increasingly being used in the moment process The brengome and expensive certification documentation

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