Dodd-Frank Ethical Analysis

Register to read the introduction… These agencies and their “varying rules and standards led to certain entities not being regulated at all, with others subject to less oversight than their peer financial firms organized under different charters” (Morrison & Foerster, 2010, p. 6). After the financial crisis, analysts pointed to the “many regulatory failures” and gaps in oversight as the reason unethical and illegal practices were overlooked or ignored (Madrick, 2010, para. 3). As a result, the provisions set out by Dodd-Frank included several changes in government oversight, including the creation of new agencies, with the goal of enforcing consistent standards of ethical behavior within the financial …show more content…
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