Dodd-Frank Wall Street Reform & Consumer Protection Act
Book Details
Format
Hardback or Cased Book
ISBN-10
1613241011
ISBN-13
9781613241011
Publisher
Nova Science Publishers Inc
Imprint
Nova Science Publishers Inc
Country of Manufacture
US
Country of Publication
GB
Publication Date
Oct 18th, 2011
Print length
350 Pages
Weight
814 grams
Dimensions
25.80 x 18.20 x 2.50 cms
Product Classification:
Financial services law & regulationConsumer protection law
Ksh 57,400.00
Not available
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Secure
Quality
Fast
Beginning in 2007, U.S. financial conditions deteriorated, leading to the near collapse of the U.S. financial system in September 2008. Major banks, insurers, government-sponsored enterprises and investment banks either failed or required hundreds of billions in federal support to continue functioning. Congress responded to the crisis by enacting the most comprehensive financial reform legislation since the 1930s. The Dodd-Frank Act creates a new regulatory umbrella group with authority to designate certain financial firms as "systemically significant" and subjecting them to increased prudential regulation, including limits on leverage, heightened capital standards and restrictions on certain forms of risky trading. This book reviews issues related to financial regulation and provides brief descriptions of major provisions of the Dodd-Frank Act.
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