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 (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].)
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.
See also
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