Dodd-Frank Act
The Dodd-Frank Act is a U.S. law enacted after the 2008 financial crisis to reform financial regulation. It increased oversight of banks and financial markets and introduced consumer protection measures.
The law created new regulatory bodies and rules, including stress testing, derivatives oversight, and the Volcker Rule. It also established the CFPB to protect consumers.
Related Terms
Basel III
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SOX
Sarbanes-Oxley Act
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OCC
Office of the Comptroller of the Currency
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FDIC
Federal Deposit Insurance Corporation
The FDIC is a US government agency that provides deposit insurance to depositors in American banks. ...
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