The Dodd-Frank bill requires many standardized derivative products to be traded on exchanges and cleared through clearinghouses to reduce the risk of losses
Explanation:
The are many impacts of the Dodd-Frank bill it regulated the financial crisis of the state and they were placed into five groupings: clear losses, clear wins, costly trade offs, unfinished business and too soon to tell. They were created to prevent the future devastation from financial crisis and to prevent from financial crisis
They have improved the financial stability by treating the standardized products to be traded on clearing the houses and to produce the stability in the economic growth and the other factors that hinders the wealth and the status of the country
