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"Due diligence" is part of the vernacular. But what does it really mean?

Apr 5, 2023
Recent scandals involving FTX and Frank leave some wondering if enough research was done on the startups, and who was supposed to do it.
JPMorgan recently bought the financial planning startup Frank for about $175 million but says its owner lied about its number of users.
Spencer Platt/Getty Images

Financial reform in the crosshairs

Nov 10, 2016
Trump vows to dismantle Dodd-Frank.
Former Representative Barney Frank and former Senator Chris Dodd talk about their hallmark and namesake legislation, the Dodd-Frank Wall Street reform law, on the fifth anniversary of the law at the Newseum on July 20, 2015 in Washington, DC. 
Chip Somodevilla/Getty Images