Synonyms
Consumer protection; Dodd-Frank Act; Financial industry; Financial regulation; FSOC; Title IV; Volcker Rule
The Dodd-Frank Wall Street Reform and Consumer Protection Act (“the Act”) became the law of the land with the President’s signature on July 21, 2010 (Dodd-Frank Act, Pub. L. No. 111–203, 124 Stat. 1376, (2010)). The Act is widely considered the most far-reaching legislative change for the financial industry, since the enactment of the Securities Act of 1933, the Securities Exchange Act of 1934, the Investment Company Act of 1940, and the Investment Advisers Act of 1940. Because the Act affects every financial institution in the United States and beyond, the financial industry was required to address the tectonic shift in banking, securities, derivatives, executive compensation, consumer protection, and corporate governance.
The most significant changes mandated by the Dodd-Frank Act affect several core constituents and industries. The Act created a new resolution regime...
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© 2016 Springer International Publishing Switzerland
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Kaal, W.A. (2016). Dodd-Frank Act. In: Farazmand, A. (eds) Global Encyclopedia of Public Administration, Public Policy, and Governance. Springer, Cham. https://doi.org/10.1007/978-3-319-31816-5_2355-1
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DOI: https://doi.org/10.1007/978-3-319-31816-5_2355-1
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Publisher Name: Springer, Cham
Online ISBN: 978-3-319-31816-5
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