imported>Doug Williamson |
imported>Administrator |
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| ''US'' | | ''Economics.'' |
| | | When a government's total expenditures exceed the revenue that it generates (excluding money from borrowings). |
| Abbreviation for the Dodd-Frank Act.
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| In full, the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.
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| The main aims of Dodd-Frank are to:
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| # Promote the financial stability of the United States by improving accountability and transparency in the financial system;
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| # End "too big to fail";
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| # Protect US taxpayers by ending bailouts; and
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| # Protect consumers from abusive financial services practices.
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| '''Reference:'''
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| (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].)
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| <span style="color:#4B0082">'''''Dodd-Frank replacement unveiled'''''</span>
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| :In an ambitious plan to undo the US Dodd-Frank financial reform law, the head of the US House of Representatives banking panel has released a second draft of a replacement act.
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| :... Republicans including President Trump believe Dodd-Frank, which has not been fully enacted, is unduly burdensome on banks and businesses, and restricts lending.
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| :''The Treasurer magazine, May 2017, p8''
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| == See also == | | == See also == |
| * [[Developments in corporate and market regulation: implications for the treasurer]] | | * [[Deficit]] |
| * [[EMIR]]
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| * [[FATCA]]
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| * [[Financial CHOICE Act]]
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| * [[Financial Services Committee]]
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| * [[Financial Stability Oversight Council]]
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| * [[Independent Commission on Banking]]
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| * [[Know-your-customer]]
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| * [[Living will]]
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| * [[MCT]]
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| * [[MiFID]]
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| *[[Ring fence]]
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| * [[Swap execution facility]]
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| *[[Too Big To Fail]]
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| *[[Vickers Report]]
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| * [[Volcker Rule]]
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| ===Other links===
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| [http://uk.practicallaw.com/3-502-8950 Summary of the Dodd-Frank Act: Swaps and Derivatives, Practical Law]
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| [[Category:Compliance_and_audit]]
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