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Dodd-Frank Wall Street Reform and Consumer Protection Act: Business Model Implications
The recent financial crisis has shown that there is a great need for a properly resilient and robust banking system. Financial output is somewhere between 5 percent and 10 percent below what it would have been if the crisis had not occurred, large numbers of businesses of all sizes have shut down, and unemployment has risen.
In this document you can find an overview of the major provisions taking effect in the Dodd-Frank Act, while learning about the responsbilities of new agencies established or amendments to the powers of existing agencies.