The Dodd-Frank Act: a cheat sheet

[Andy Nguyen]

The Dodd-Frank Act implements changes that, among other things, affect the oversight and supervision of financial institutions, provide for a new resolution procedure for large financial companies, create a new agency responsible for implementing and enforcing compliance with consumer financial laws, introduce more stringent regulatory capital requirements, effect significant changes in the regulation of over the counter derivatives, reform the regulation of credit rating agencies, implement changes to corporate governance and executive compensation practices, incorporate the Volcker Rule, require registration of advisers to certain private funds, and effect significant changes in the securitization market. Although the legislation calls for a number of studies to be conducted and requires significant rule-making, we all will be required to be intimately acquainted with the Dodd-Frank Act. In the pages that follow, we summarize the principal aspects of the Dodd-Frank Act.

http://www.mofo.com/files/Uploads/Images/SummaryDoddFrankAct.pdf

 

[Ken Abbott]

I encourage people to check out other material Morrison Foerster has on their website regarding Dodd-Frank. They have done some very good work.

Also, take a look at the Davis Polk site and the material from the Congressional Research Service for a title-by-title review of DF.

 

[MRoss]

And for those of you who think 28 pages is too much...

 

[Jonathan B]

Great post, thank you Andy; that link holds lots of value and plan on reading it over the weekend.