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Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act)

Law drafted in the wake of the 2008 financial crisis anddesigned primarily to promote the financial stability ofthe United States via improved regulation of the financialservices industry and particularly OTC derivative products.The key aims of the legislation are to improve accountabilityand transparency in the financial system, to end the mindsetthat certain institutions are ��too big to fail��, to protectthe American taxpayer by ending bailouts and to protectconsumers from abusive financial services practices.

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