Dodd-Frank: Difference between revisions
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Revision as of 15:23, 7 April 2015
US.
Abbreviation for the Dodd-Frank Act.
In full, the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.
The main aims of Dodd-Frank are to:
- Promote the financial stability of the United States by improving accountability and transparency in the financial system;
- End "too big to fail";
- Protect US taxpayers by ending bailouts; and
- Protect consumers from abusive financial services practices.
Reference:
(Sample citation: Dodd-Frank Wall Street Reform and Consumer Protection Act, Pub. L. No. 111-203, § 929-Z, 124 Stat. 1376, 1871 (2010) (codified at 15 U.S.C. § 78o) [Bluebook R. 12.4].)
See also
- Financial Stability Oversight Council
- Independent Commission on Banking
- EMIR
- MCT
- Swap execution facility
- Volcker Rule
Other links
Know your onions – US financial reform, Martin O'Donovan, ACT 2010
The Dodd-Frank Act, Will Spinney, ACT 2010
Summary of the Dodd-Frank Act: Swaps and Derivatives, Practical Law
