The Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) of 2010 introduced the most sweeping financial regulatory reforms made by legislators since the Great Depression. Signed into federal law by President Barack Obama on July 21, 2010, Dodd-Frank’s comprehensive measures were designed, in part, to clean up loopholes and improve the oversight and transparency of financial institutions. The intention: to avert another giant recession like the one that hit the U.S. in 2007-2010. The stated purpose of Dodd-Frank is “To promote the financial stability of the United States by improving accountability and transparency in the financial system, to end ‘too ... Read More
Righting Injustice is published by the Beasley Allen Law Firm. If you are interested in a free legal consultation, please take a few moments to fill out the contact form with as many details as possible. The more information you provide us, the better we can evaluate your claim.