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Written by William Clugston, Esq.
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Last Updated November 19, 2010 |
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With a Democrat majority in both the House and the Senate, President Obama has been able to pass a trio of massive legislation - the stimulus, healthcare reform and financial reform. These are massive laws not only in terms of their impact on the country and its economy but also in sheer number of pages. In this and future articles we will look at the 2,300 page Dodd-Frank Wall Street Reform and Consumer Protection Act, which we will simply call "the Financial Reform Act." Today we will get an overview and in future articles will get a closer look at certain parts of this law, particularly those directly affecting consumers. |
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Written by William Clugston, Esq.
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Last Updated November 19, 2010 |
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The Dodd-Frank Wall Street Reform and Consumer Protection Act ("The Act") contains one of the most significant changes to consumer credit regulation in decades through the creation of the Bureau of Consumer Financial Protection. Currently, a number of agencies are responsible for different aspects of consumer lending and other financial services depending on the regulation and the type of company offering the service. |
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For legal information on specific topics relating to financial services, use the search tool, the Topics A-Z list, or the navigation on the left of each page. Or just click below: Car Title Loans Credit Cards Debit Cards Gift Cards Military Borrowers Payday Loans Predatory Mortgage Lending |
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