The Dodd-Frank Act
July 24, 2012 2:28 pm (EST)
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The 2010 Dodd-Frank Act was one of the most significant financial regulatory reform measures since the Great Depression. In the wake of the financial crisis, it sought to give regulators new tools to limit risky behavior and address systemic risk. After two years, its implementation is still ongoing; many major rules have not yet been written.
In this CFR Backgrounder, The Dodd-Frank Act, Renewing America contributor Steven J. Markovich examines the financial oversight bill, and the debate over its methods, goals, and implementation.
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