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GAO: Financial regulatory structure is a mess
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Banking, Dodd-Frank Basics, Financial Stability, Nonbank Financial
Friday, April 1, 2016
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The Government Accountability Office has released a report stating that the Dodd-Frank Act generally left the financial regulatory structure unchanged and does not ensure efficient and effective oversight, consistent financial oversight or consistent consumer protections. The office provided three recommendations on how regulators can streamline their supervisory process. Read on to learn more.
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