Respuesta :
The dodd frank act was the legislative act that restricted commercial banks from engaging in certain high-risk trading activities and also raised the required capital that banks must hold on their balance sheet.
In the field of social studies, the dodd frank act can be described as a kind of act that was included in the United States in order to achieve financial stability.
The dodd frank act focused on accountancy and listed all those high risk factors that were included in the field of accountancy. As banks were most likely to become prone to risking financial stability, the dodd frank act occurred as a legislative act to guide banks about the risks that were associated with different kinds of trading activities.
This legislative act, known as the dodd frank act, was brought to help the bankers after a financial crisis had been observed in the year 2008.
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