Conduct Risk and Financial Stability [7]

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Bullet points include: Dodd–Frank Wall Street Reform and Consumer Protection Act is a US federal law which was passed in response to the 2007-09 Credit Crisis and which brings the most significant changes to US financial regulation since the Great Depression. Reasonably similar rules have been introduced in EU and elsewhere, but often via a wider range of legal instruments, e.g. in EU similar market-wide requirements are being introduced via EMIR, MiFID II / MiFIR, AIFMD, CRD and wider financial stability requirements via e.g. creation of ESRB. Controversial, with some critics arguing that it is not enough to prevent another financial crisis (and more bailouts) and other critics arguing that it has gone too far

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