Dodd-Frank: Difference between revisions
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''US.'' | |||
Abbreviation for the Dodd-Frank Act. | Abbreviation for the Dodd-Frank Act. | ||
In full, the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. | In full, the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. | ||
The main aims of Dodd-Frank are to: | 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 == | == See also == | ||
* [[Financial Stability Oversight Council]] | * [[Financial Stability Oversight Council]] | ||
* [[Independent Commission on Banking]] | * [[Independent Commission on Banking]] | ||
Revision as of 20:53, 11 August 2013
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:
- 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.
