The Impact of the Dodd-Frank Act on Registered Investment Companies

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financial system by providing widespread regulation of financial institutions (primarily through a broad new regulatory framework designed to protect the financial system from systemic risk), consumer financial products and services, broker-dealers, over-the-counter ("OTC") derivatives, investment advisers, credit rating agencies and mortgage lending.? The Dodd-Frank Act completely overhauls the regulation of the OTC derivatives market in the United States.?The

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