Question

The __________ was enacted into law as a response to the financial turbulence and recession in the late 2000s and made sweeping changes to financial regulatory agencies that affected almost every aspect of the nation's financial services industry

Answer 1

Answer: Dodd-Frank Act

Explanation:

The Dodd-Frank act is basically enacted into the law form and it is one of the financial legislative reform which is passed by the Obama administration in the year 2010 in the form of financial crisis response.

The main aim of the Dodd-Frank act is that it protecting the rules of the customers by keeping buyers from the given abusive lending.

The Dodd-Frank act basically contain the hundred pages and it also include the sixteen areas.

Therefore, Dodd-Frank act is the correct answer.