Topic: Financial Regulation
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Financial Regulation

2 Facts
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The Consumer Financial Protection Bureau (CFPB) was created in response to the 2008 financial crisis as part of the Dodd-Frank Act, legislation intended to overhaul the financial system and to increase banks' capital requirements.
January 01, 2008 high legal/organizational
Describes the statutory origin and broad purpose of the CFPB and the Dodd-Frank Act.
A regulatory approach to address risks from foreign firms listed on domestic stock exchanges is to strengthen the audit review and financial disclosure requirements those firms must meet.
high temporal
Enhancing audit and disclosure standards is a policy lever used to increase transparency and oversight of foreign-listed companies.