The hacking continues today. The 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act was passed in the wake of the 2008 Global Financial Crisis, and was intended to be a sweeping overhaul of the financial regulatory system. Dodd-Frank included a variety of banking regulations intended to create more transparency, reduce systemic risks, and avoid another financial meltdown. Specifically, the act regulated derivatives, which were often abused and were a major contributing factor to the 2008 financial crisis. Dodd-Frank was filled with vulnerabilities.
Dodd-Frank
