______________contains 10 provisions that include increasing the accountability and transparency of financial institutions, creating a bureau to educate consumers in financial literacy and protect them from deceptive financial practices, implementing additional incentives for whistle-blowers, increasing oversight of the financial industry, and regulating the use of complex derivatives.

The Dodd-Frank Act (fully known as the Dodd-Frank Wall Street Reform and Consumer Protection Act) is a US federal law that regulates the financial industry in managed the government. This legislation, current since July 2010, created financial regulatory processes aiming to limit risk and enforce transparency and accountability.

Due to the late 2000s recession - caused mainly for low regulation and high reliance on large banks - one of the targets of the Dodd-Frank Act is exactly to more strictly regulate banks. This Act created the Financial Stability Oversight Council (FSOC) with the purpose of dealing with persistent issues tah may affect the financial industry, therefore, it is helpful in the long run as well, so it may prevent another recession.

The Consumer Financial Protection Bureau interacts with regulators in large banks to prevent risky practices in businesses that eventually affect consumers. In addition to regulations, the CFPB provides consumers with access to verified information about mortgages and credit scores with a 24-hour, toll-free hotline so consumers can report issues with financial services.