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President Obama signed the Dodd-Frank Act a collection of banking reforms and regulations into law in 2010. What Retirees Should Invest In.
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The Bottom Line.
. Even though youre thinking about other investment vehicles its important to remember that you still need to keep cash on hand to cover the necessities like rent or mortgage payments food and clothes. Regulating banks and protecting consumers from predatory and unfair practices. Hopefully youll also have some funds for vacations or other excursions to enjoy your retirement.
Lawmakers crafted the law in response to the 2008 financial crisis to prevent a future financial crisis through two main actions.
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