Dodd-Frank: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson m (Spacing) |
imported>Doug Williamson m (Add cross referencing between EMIR and Dodd-Frank.) |
||
Line 11: | Line 11: | ||
# Protect US taxpayers by ending bailouts; and | # Protect US taxpayers by ending bailouts; and | ||
# Protect consumers from abusive financial services practices. | # 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]] | ||
* [[EMIR]] |
Revision as of 11:49, 12 September 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.