What the Consumer Financial Protection Bureau ... - Venable LLP
What the Consumer Financial Protection Bureau ... - Venable LLP
What the Consumer Financial Protection Bureau ... - Venable LLP
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DODD-FRANK ACT – HOW WE GOT HERE…• President signed Dodd-Frank Act into law on July 21, 2010.• Over 2,000 pages long.• Enacted in wake of <strong>the</strong> worst financial crisis since <strong>the</strong> GreatDepression.• Addresses a variety of issues that arose as a result of <strong>the</strong> crisis,including <strong>the</strong> perception that consumer protection wasfragmented and, in some cases inconsistent with o<strong>the</strong>r regulatoryfunctions.• Expected to generate more than 300 regulations.
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