When was the Dodd-Frank Wall Street Reform Act passed?

The Dodd-Frank Wall Street Reform Act was passed in 2010 as a response to the financial crisis of 2007-2008. This legislation aimed to increase regulation of the financial industry in order to prevent the types of risky behaviors that led to the crisis. It introduced significant changes to financial regulations, including new oversight for financial institutions, the establishment of the Consumer Financial Protection Bureau, and stricter rules around derivatives trading.

Understanding the timing of the Dodd-Frank Act is crucial for comprehending the broader context of financial reform and regulation in the aftermath of the economic downturn. The other years listed, while significant in their own right in terms of financial policies and oversight developments, do not correspond to the enactment of this landmark legislation. The act's passage in 2010 is seen as a key moment for financial reform aimed at protecting consumers and the economy.