Dodd-Frank
Wall Street regulation
Dodd-Frank is a 2010 U.S. financial reform law enacted after the 2008 financial crisis.
Named for its congressional sponsors, the law created new regulatory agencies, imposed stricter oversight on banks, and established consumer protections.
In financial and political contexts, Dodd-Frank often stands in for the broader debate over Wall Street regulation: Republicans have been trying to roll back Dodd-Frank for years.
American finance hub
- financial reformChanges to economic regulations
- banking oversightSupervision of financial institutions
- consumer protectionLaws defending purchasers' interests
- systemic riskEconomy-wide collapse potential
too big to fail · capital requirements · stress tests · living wills · derivatives · risk management · federal oversight · financial stability
Convertibility to cash
- Goldman SachsInvestment banking powerhouse
- CitigroupAmerican banking conglomerate
- Morgan StanleyFinancial services multinational
- stress testingEvaluating capacity under extreme conditions
Forty-fourth president's family name
- 2010Calendar year designation
- Great RecessionMajor 2008 economic decline
- CongressU.S. lawmaking body
- bipartisanInvolving both major parties
Senate · House · signing · passage · amendment · repeal · rollback · implementation
Insider who reports misconduct
- executive compensationSenior management earnings package
- clawbackContractual fund recovery
- credit rating agenciesFirms evaluating debt repayment likelihood
- securitizationBundling debts into investable instruments
skin in the game · mortgage lending · predatory lending · fiduciary duty · conflict minerals · hedge funds · private equity · registration
Stock market regulator
- FDICFederal deposit guarantor
- Federal ReserveUS central banking system
- supervisionOverseeing people or processes
- examinationMethodical assessment or review
Wall Street
American finance hub
- financial reformChanges to economic regulations
- banking oversightSupervision of financial institutions
- consumer protectionLaws defending purchasers' interests
systemic risk · too big to fail · capital requirements · stress tests · living wills · derivatives · risk management · federal oversight · financial stability · rulemaking
liquidity
Convertibility to cash
- Goldman SachsInvestment banking powerhouse
- CitigroupAmerican banking conglomerate
- Morgan StanleyFinancial services multinational
stress testing · bailout · moral hazard · interconnectedness
Obama
Forty-fourth president's family name
- 2010Calendar year designation
- Great RecessionMajor 2008 economic decline
- CongressU.S. lawmaking body
bipartisan · Senate · House · signing · passage · amendment · repeal · rollback · implementation · rulemaking
whistleblower
Insider who reports misconduct
- executive compensationSenior management earnings package
- clawbackContractual fund recovery
- credit rating agenciesFirms evaluating debt repayment likelihood
securitization · skin in the game · mortgage lending · predatory lending · fiduciary duty · conflict minerals · hedge funds · private equity · registration
SEC
Stock market regulator
- FDICFederal deposit guarantor
- Federal ReserveUS central banking system
- supervisionOverseeing people or processes
- US bankingFDIC, Fed, national banks, bank runs, bank failures
- financial reformbank reform, tax reform, budget reform, pension reform, banking oversight
- Obama EraBarack Obama, Michelle Obama, Joe Biden, Obamacare, Affordable Care Act
- U.S. LawsCivil Rights Act, Americans with Disabilities Act, Clean Air Act, Clean Water Act, HIPAA
- financial lawsecurities law, insurance law, SEC, insider trading, securities fraud
- financial regulationscapital requirements, registration requirements, recordkeeping, audit trails, exemptions