Dodd-Frank Financial Regulatory Reform Bill

Dodd-Frank Financial Regulatory Reform Bill,

Definition of Dodd-Frank Financial Regulatory Reform Bill:

  1. Legislation designed to reform existing regulations in the financial sector. The bill establishes the Consumer Financial Protection Agency to regulate financial products such as home mortgages, car loans and credit cards. Further, the bill gives the Treasury Department the authority to place non-bank financial firms into receivership.

Meaning of Dodd-Frank Financial Regulatory Reform Bill & Dodd-Frank Financial Regulatory Reform Bill Definition