Dodd-Frank and Mid-sized companies: Difference between pages

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''US.''
Smaller, large companies.


Abbreviation for the Dodd-Frank Act.
Often firms are classified as small, medium or large. Different definitions of the categories apply for different purposes, in different jurisdictions and in formal and informal use.


In full, the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.  
A common grouping is [[Small and Medium-sized Enterprises]] (SMEs). They may benefit from easier financial reporting requirements, tax provisions or eligibility for various government-provided support.


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;
Most firms are small, some are medium-sized and few are large.  
# End "too big to fail";
# Protect US taxpayers by ending bailouts; and
# Protect consumers from abusive financial services practices.


But the size of firms in the large category vary greatly.


'''Reference:'''
It has become useful to distinguish smaller large companies for some purposes.


(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].)


Opportunities of many kinds vary materially with a firm's size, for example, the available range of investment and financing opportunities.


== See also ==
* [[Financial Stability Oversight Council]]
* [[Independent Commission on Banking]]
* [[EMIR]]
* [[MCT]]
* [[Swap execution facility]]
* [[Volcker Rule]]
* [[FATCA]]
* [[MiFID]]
* [[Know-your-customer]]
*[[Ring fence]]
*[[Vickers Report]]
* [[Developments in corporate and market regulation: implications for the treasurer]]


No doubt terminology will continue to develop until its use in law and regulation makes further change more difficult or confusing.




===Other links===
==See also==
[http://www.treasurers.org/node/6163 Know your onions – US financial reform, Martin O'Donovan, ACT 2010]
*[[Company]]
*[[Micro-enterprise]]
*[[Small and Medium-sized Enterprises]]


[http://www.treasurers.org/node/6209 The Dodd-Frank Act, Will Spinney, ACT 2010]
[[Category:The_business_context]]
 
[http://uk.practicallaw.com/3-502-8950 Summary of the Dodd-Frank Act: Swaps and Derivatives, Practical Law]
 
[[Category:Compliance_and_audit]]

Latest revision as of 21:25, 28 April 2022

Smaller, large companies.

Often firms are classified as small, medium or large. Different definitions of the categories apply for different purposes, in different jurisdictions and in formal and informal use.

A common grouping is Small and Medium-sized Enterprises (SMEs). They may benefit from easier financial reporting requirements, tax provisions or eligibility for various government-provided support.


Most firms are small, some are medium-sized and few are large.

But the size of firms in the large category vary greatly.

It has become useful to distinguish smaller large companies for some purposes.


Opportunities of many kinds vary materially with a firm's size, for example, the available range of investment and financing opportunities.


No doubt terminology will continue to develop until its use in law and regulation makes further change more difficult or confusing.


See also