Dodd-Frank
From ACT Wiki
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:
1. Promote the financial stability of the United States by improving accountability and transparency in the financial system;
2. End "too big to fail";
3. Protect US taxpayers by ending bailouts; and
4. Protect consumers from abusive financial services practices.