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.
(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].)
Dodd-Frank replacement unveiled
- 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.
- ... Republicans including President Trump believe Dodd-Frank, which has not been fully enacted, is unduly burdensome on banks and businesses, and restricts lending.
- The Treasurer magazine, May 2017, p8
- Developments in corporate and market regulation: implications for the treasurer
- Financial CHOICE Act
- Financial Services Committee
- Financial Stability Oversight Council
- Glass-Steagall Act
- Independent Commission on Banking
- Living will
- Ring fence
- Swap execution facility
- Too Big To Fail
- Vickers Report
- Volcker Rule