Dodd-Frank & Thanksgiving

Dodd-Frank & Thanksgiving

Dodd-Frank & Thanksgiving

On July 21, 2010, President Obama signed into law the Dodd–Frank Wall Street Reform and Consumer Protection Act, a nearly 900-page piece of legislation that seeks to overhaul the financial regulatory system.

Dodd-Frank calls for wide-sweeping reforms, including the creation of a new agency, the Financial Stability Oversight Council (FSOC), and the abolition of the Office of Thrift Supervision.

In addition, it provides for extensive rulemaking in OTC derivatives and securities. Federal agencies, like the CFTC and SEC, are charged with implementing these new regulations through a process of investigation and rule promulgation.

Here are some places to visit for your own Dodd-Frank investigation.

Legislative History
http://thomas.loc.gov/cgi-bin/bdquery/z?d111:HR04173:|TOM:/bss/d111query.html

CRS Report re: rulemaking (Nov. 3, 2010)
http://www.llsdc.org/attachments/files/255/CRS-R41472.pdf

Law Firm Memos re: managing new regulations
http://www.knowledgemosaic.com/net/sm/Memo.aspx

BNA Securities Regulation & Law Report
https://login.eresources.law.harvard.edu/login?url=http://news.bna.com/srln

Agencies
CFTC: http://www.cftc.gov/LawRegulation/DoddFrankAct/index.htm

SEC: http://sec.gov/spotlight/dodd-frank.shtml

FSOC: http://www.treas.gov/FSOC/

Books
Dodd-Frank Wall Street Reform and Consumer Protection Act: Law, Explanation and Analysis (2010)

Viral V. Acharya et al., Regulating Wall Street: The Dodd-Frank Act and the New Architecture of Global Finance (2011)

Further Research Guidance
http://www.law.harvard.edu/library/services/research-appointment.html

About: Lisa Junghahn

business & corporate law: corporations, securities regulations, capital markets, financial institutions, bankruptcy courts, tax laws, M&A transactions, antitrust laws and small companies
%d bloggers like this: