Dodd-Frank

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.

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
• Living will
• MCT
• Swap execution facility
• Volcker Rule
• FATCA
• MiFID
• Know-your-customer
• Ring fence
• Too Big To Fail
• Vickers Report
• Developments in corporate and market regulation: implications for the treasurer

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