What year was the Dodd-Frank Act created?

The Dodd-Frank Act was created in 2010 as a response to the financial crisis of 2007-2008. This comprehensive piece of legislation aimed to promote stability in the financial system, enhance consumer protection, and enact significant reforms in various financial sectors. It introduced numerous regulations designed to prevent the types of risky behaviors that contributed to the economic downturn, targeting aspects like mortgage lending practices and the oversight of financial institutions. Given that the act was enacted on July 21, 2010, the correct answer reflects the precise year of its establishment and its significance in reshaping regulatory frameworks in the financial industry.