Trump Takes Aim at Dodd-Frank, Fiduciary Rule

Trump Takes Aim at Dodd-Frank, Fiduciary Rule

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses President Trump's stance on financial regulations, particularly the Glass Steagall Act, and the complexities involved in changing financial rules. It highlights the improvements in financial institutions since the crisis, such as increased capital and reduced leverage. The video also examines the Department of Labor's fiduciary rule, its potential impact on investors, and the administration's decision to delay it. The discussion includes concerns about increased costs and reduced choices for investors due to the rule.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways have firms responded to the fiduciary rule in terms of their service offerings?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What evidence is there to suggest that the fiduciary rule has led to reduced choices and increased costs for investors?

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OFF