Impact of the Dodd-Frank Wall Street Reform and Consumer Protection on Bank of America

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Author :
Publisher : GRIN Verlag
ISBN 13 : 3656293791
Total Pages : 10 pages
Book Rating : 4.6/5 (562 download)

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Book Synopsis Impact of the Dodd-Frank Wall Street Reform and Consumer Protection on Bank of America by : Nicole Tode

Download or read book Impact of the Dodd-Frank Wall Street Reform and Consumer Protection on Bank of America written by Nicole Tode and published by GRIN Verlag. This book was released on 2012-10-19 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2010 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 1,3, San Diego State University, language: English, abstract: 1. Bank of America presentation and major activities, 2. Choice of four factors and explanation, 3. Possible impacts on Bank of America due to the regulatory changes, 4. References.

Dodd–Frank Wall Street Reform and Consumer Protection Act

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Author :
Publisher : World Scientific
ISBN 13 : 9814590053
Total Pages : 320 pages
Book Rating : 4.8/5 (145 download)

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Book Synopsis Dodd–Frank Wall Street Reform and Consumer Protection Act by : Douglas D Evanoff

Download or read book Dodd–Frank Wall Street Reform and Consumer Protection Act written by Douglas D Evanoff and published by World Scientific. This book was released on 2014-06-13 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this volume, what are thought to be some of the more important aspects of the Dodd–Frank Act are discussed from a number of perspectives, including that of industry scholars who have been actively involved in evaluating financial regulation, regulators who are responsible for implementing the reform, financial policy experts representing think tanks and banking trade associations, congressmen and congressional staff involved with developing the legislation, and legal scholars. The volume summarizes the act, evaluates how the new regulations are being implemented and how the implementation process is progressing, and discusses modifications that, in the views of the authors, might be needed to more effectively achieve the stated goals of the legislation. Contents:Introduction and Summary of the Act:The Dodd–Frank Act: An Overview (Douglas D Evanoff and William F Moeller)Critical Assessment of the Act:Regulating Wall Street: The Dodd–Frank Act (Matthew Richardson)Financial Stability via Regulation:Financial Stability Regulation (Daniel K Tarullo)Implementing Dodd-Frank: Identifying and Mitigating Systemic Risk (Mark Van Der Weide)Implementing the Dodd–Frank Act: Progress to Date and Recommendations for the Future (Scott D O'Malia)Dodd–Frank Act Implementation: Well Into It and No Further Ahead (Wayne A Abernathy)Financial Stability via Efficient Failure Resolution:We Must Resolve to End Too-Big-To-Fail (Sheila C Bair)The Orderly Liquidation of Lehman Brothers Holdings Inc. Under the Dodd–Frank Act (Federal Deposit Insurance Corporation)Implementing Dodd–Frank: Orderly Resolution (Martin J Gruenberg)Resolving Globally Active, Systemically Important, Financial Institutions (Federal Deposit Insurance Corporation and the Bank of England)An Alternative View: Financial Stability via Bank Breakups:Do SIFIs Have a Future? (Thomas M Hoenig)Ending Taxpayer-Funded Bailouts: Dodd–Frank Promises More Than It Can Deliver (Richard W Fisher and Harvey Rosenblum)Solving the Too-Big-To-Fail Problem (William C Dudley)Consumer Protection:Partnering: The Consumer Financial Protection Bureau and State Attorneys General (Richard Cordray)Prepared Remarks Before the National Association of Attorneys General (Richard Cordray)The Consumer Financial Protection Bureau: The Solution or the Problem? (Brenden D Soucy)Was Dodd–Frank Necessary? Needed?:The Financial Crisis and “Too-Big-To-Fail” (Barney Frank and the Minority Staff of the House Financial Services Committee)A Dissent From the Majority Report of the Financial Crisis Inquiry Commission (Peter J Wallison) Readership: Financial economists, as reading material for beginner to intermediate courses in Finance and Economics for undergraduates and MBA students, general public, and policy makers interested in the Dodd-Frank Wall Street Reform and Consumer Protection Act (2010). Key Features:A dynamic read on a very topical and controversial subject — the Dodd-Frank ActContributors from various fields and each provides a different perspective of the formation, implementation and improvements for the Dodd-Frank ActBrings together in one volume the relevant people to discuss the most important policy issues affecting the financial services industryCombines both academic and industry positions on the topic in a readable formatKeywords:Dodd-Frank;Financial Regulation;Macroprudential Regulation;Systemic Risk;Volcker Rule;Resolution Authority;Consumer Protection;Central Clearinghouses (CCPs)

The Dodd-Frank Wall Street Reform and Consumer Protection Act

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Publisher :
ISBN 13 :
Total Pages : 244 pages
Book Rating : 4.3/5 (121 download)

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Book Synopsis The Dodd-Frank Wall Street Reform and Consumer Protection Act by : California. Legislature. Senate. Committee on Banking and Financial Institutions

Download or read book The Dodd-Frank Wall Street Reform and Consumer Protection Act written by California. Legislature. Senate. Committee on Banking and Financial Institutions and published by . This book was released on 2011 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The New Financial Deal

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 1118014928
Total Pages : 243 pages
Book Rating : 4.1/5 (18 download)

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Book Synopsis The New Financial Deal by : David Skeel

Download or read book The New Financial Deal written by David Skeel and published by John Wiley & Sons. This book was released on 2010-11-29 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: The good, the bad, and the scary of Washington's attempt to reform Wall Street The Dodd-Frank Wall Street Reform and Consumer Protection Act is Washington's response to America's call for a new regulatory framework for the twenty-first century. In The New Financial Deal, author David Skeel offers an in-depth look at the new financial reforms and questions whether they will bring more effective regulation of contemporary finance or simply cement the partnership between government and the largest banks. Details the goals of the legislation, and reveals that how they are handled could dangerously distort American finance, making it more politically charged, less vibrant, and further removed from basic rule of law principles Provides an inside account of the legislative process Outlines the key components of the new law To understand what American financial life is likely to look like in five, ten, or twenty years, and how regulators will respond to the next crisis, we need to understand Dodd-Frank. The New Financial Deal provides that understanding, breaking down both what Dodd-Frank says and what it all means.

The Dodd-Frank Wall Street Reform and Consumer Protection Act

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Publisher :
ISBN 13 : 9781614381501
Total Pages : 0 pages
Book Rating : 4.3/5 (815 download)

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Book Synopsis The Dodd-Frank Wall Street Reform and Consumer Protection Act by : Susan A. Berson

Download or read book The Dodd-Frank Wall Street Reform and Consumer Protection Act written by Susan A. Berson and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a practical guide to help attorneys in the financial services industry, and financial industry professionals on complexities of this far-reaching law. Divided into eight parts, each section represents a financial services sector where the book addresses the factual and regulatory background behind the pertinent Dodd-Frank provisions, the known changes in federal law caused by Dodd-Frank, and any upcoming deadlines for new regulations that will implement the statutes.

Dodd-Frank Wall Street Reform and Consumer Protection Act

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Author :
Publisher : Government Printing Office
ISBN 13 : 9780160861109
Total Pages : 888 pages
Book Rating : 4.8/5 (611 download)

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Book Synopsis Dodd-Frank Wall Street Reform and Consumer Protection Act by :

Download or read book Dodd-Frank Wall Street Reform and Consumer Protection Act written by and published by Government Printing Office. This book was released on with total page 888 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Regulating Wall Street

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Publisher : John Wiley & Sons
ISBN 13 : 0470949864
Total Pages : 592 pages
Book Rating : 4.4/5 (79 download)

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Book Synopsis Regulating Wall Street by : New York University Stern School of Business

Download or read book Regulating Wall Street written by New York University Stern School of Business and published by John Wiley & Sons. This book was released on 2010-10-28 with total page 592 pages. Available in PDF, EPUB and Kindle. Book excerpt: Experts from NYU Stern School of Business analyze new financial regulations and what they mean for the economy The NYU Stern School of Business is one of the top business schools in the world thanks to the leading academics, researchers, and provocative thinkers who call it home. In Regulating Wall Street: The New Architecture of Global Finance, an impressive group of the Stern school’s top authorities on finance combine their expertise in capital markets, risk management, banking, and derivatives to assess the strengths and weaknesses of new regulations in response to the recent global financial crisis. Summarizes key issues that regulatory reform should address Evaluates the key components of regulatory reform Provides analysis of how the reforms will affect financial firms and markets, as well as the real economy The U.S. Congress is on track to complete the most significant changes in financial regulation since the 1930s. Regulating Wall Street: The New Architecture of Global Finance discusses the impact these news laws will have on the U.S. and global financial architecture.

Perspectives on Dodd-Frank and Finance

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Author :
Publisher : MIT Press
ISBN 13 : 0262325934
Total Pages : 261 pages
Book Rating : 4.2/5 (623 download)

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Book Synopsis Perspectives on Dodd-Frank and Finance by : Paul H. Schultz

Download or read book Perspectives on Dodd-Frank and Finance written by Paul H. Schultz and published by MIT Press. This book was released on 2014-10-10 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: Experts debate the possible consequences of the Dodd–Frank Act, discussing such topics as banking regulation, derivatives, the Volcker rule, and mortgage reform. The Dodd–Frank Wall Street Reform and Consumer Protection Act, passed by Congress in 2010 largely in response to the financial crisis, created the Financial Stability Oversight Council and the Consumer Financial Protection Bureau; among other provisions, it limits proprietary trading by banks, changes the way swaps are traded, and curtails the use of credit ratings. The effects of Dodd–Frank remain a matter for speculation; more than half of the regulatory rulemaking called for in the bill has yet to be completed. In this book, experts on Dodd–Frank and financial regulation—academics, regulators, and practitioners—discuss the ways that the law is likely to succeed and the ways it is likely to come up short. Placing their discussion in the broader context of regulatory issues, the contributors consider banking reform; the regulation of derivatives; the Volcker Rule, and whether or not banks should be forced to stop proprietary trading; the establishment of the Consumer Financial Protection Bureau, and possible flaws in its conception; the law and “too-big-to-fail” institutions; mortgage reform, including qualification requirements and securitization; and new disclosure requirements regarding CEO compensation and conflict minerals. Contributors James R. Barth, Jeff Bloch, Mark A. Calabria, Charles W. Calomiris, Shane Corwin, Cem Demiroglu, John Dearie, Amy K. Edwards, Raymond P. H. Fishe, Priyank Gandhi, Thomas M. Hoenig, Christopher M. James, Anil K Kashyap, Robert McDonald, James Overdahl, Craig Pirrong, Matthew Richardson, Paul H. Schultz, David Skeel, Chester Spatt, Anjan Thakor, John Walsh, Lawrence J. White, Arthur Wilmarth, Todd J. Zywicki

Continued Oversight of the Implementation of the Wall Street Reform Act

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Publisher :
ISBN 13 :
Total Pages : 277 pages
Book Rating : 4.:/5 (19 download)

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Book Synopsis Continued Oversight of the Implementation of the Wall Street Reform Act by : United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs

Download or read book Continued Oversight of the Implementation of the Wall Street Reform Act written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 2013 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Dodd-Frank Wall Street Reform and Consumer Protection Act

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Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (15 download)

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Book Synopsis The Dodd-Frank Wall Street Reform and Consumer Protection Act by :

Download or read book The Dodd-Frank Wall Street Reform and Consumer Protection Act written by and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Dodd-Frank Wall Street Reform and Consumer Protection Act

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Author :
Publisher :
ISBN 13 : 9781613241011
Total Pages : 0 pages
Book Rating : 4.2/5 (41 download)

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Book Synopsis The Dodd-Frank Wall Street Reform and Consumer Protection Act by : Nathan L. Morris

Download or read book The Dodd-Frank Wall Street Reform and Consumer Protection Act written by Nathan L. Morris and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Beginning in 2007, U.S. financial conditions deteriorated, leading to the near collapse of the U.S. financial system in September 2008. Major banks, insurers, government-sponsored enterprises and investment banks either failed or required hundreds of billions in federal support to continue functioning. Congress responded to the crisis by enacting the most comprehensive financial reform legislation since the 1930s. The Dodd-Frank Act creates a new regulatory umbrella group with authority to designate certain financial firms as "systemically significant" and subjecting them to increased prudential regulation, including limits on leverage, heightened capital standards and restrictions on certain forms of risky trading. This book reviews issues related to financial regulation and provides brief descriptions of major provisions of the Dodd-Frank Act.

The Dodd-frank Wall Street Reform and Consumer Protection Act

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Author :
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781546322061
Total Pages : 36 pages
Book Rating : 4.3/5 (22 download)

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Book Synopsis The Dodd-frank Wall Street Reform and Consumer Protection Act by : Baird Webel

Download or read book The Dodd-frank Wall Street Reform and Consumer Protection Act written by Baird Webel and published by Createspace Independent Publishing Platform. This book was released on 2017-04-27 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Beginning in 2007, U.S. financial conditions deteriorated, leading to the near-collapse of the U.S. financial system in September 2008. Major commercial banks, insurers, government-sponsored enterprises, and investment banks either failed or required hundreds of billions in federal support to continue functioning. Households were hit hard by drops in the prices of real estate and financial assets, and by a sharp rise in unemployment. Congress responded to the crisis by enacting the most comprehensive financial reform legislation since the 1930s. Then-Treasury Secretary Timothy Geithner issued a reform plan in the summer of 2009 that served as a template for legislation in both the House and Senate. After significant congressional revisions, President Obama signed H.R. 4173, now titled the Dodd-Frank Wall Street Reform and Consumer Protection Act (P.L. 111-203), into law on July 21, 2010. Perhaps the major issue in the financial reform legislation was how to address the systemic fragility revealed by the crisis. The Dodd-Frank Act created a new regulatory umbrella group chaired by the Treasury Secretary, the Financial Stability Oversight Council (FSOC, with authority to designate certain financial firms as systemically important and subjecting them and all banks with more than $50 billion in assets to heightened prudential regulation. Financial firms were also subjected to a special resolution process (called "Orderly Liquidation Authority") similar to that used in the past to address failing depository institutions following a finding that their failure would pose systemic risk. The Dodd-Frank Act made other changes to the regulatory structure. It created the Office of Financial Research to support FSOC. The act consolidated consumer protection responsibilities in a new Bureau of Consumer Financial Protection (CFPB). It consolidated bank regulation by reassigning the Office of Thrift Supervision's (OTS's) responsibilities to the other banking regulators. A federal office was created to monitor insurance. The Federal Reserve's emergency authority was amended, and its activities were subjected to greater public disclosure and oversight by the Government Accountability Office (GAO). Other aspects of Dodd-Frank addressed particular sectors of the financial system or selected classes of market participants. Dodd-Frank required more derivatives to be cleared and traded through regulated exchanges, reporting for derivatives that remain in the over-the-counter market, and registration with appropriate regulators for certain derivatives dealers and large traders. Hedge funds were subject to new reporting and registration requirements. Credit rating agencies were subject to greater disclosure and legal liability provisions, and references to credit ratings were required to be removed from statute and regulation. Executive compensation and securitization reforms attempted to reduce incentives to take excessive risks. Securitizers were subject to risk retention requirements, popularly called "skin in the game." It made changes to bank regulation to make bank failures less likely in the future, including prohibitions on certain forms of risky trading (known as the "Volcker Rule"). It created new mortgage standards in response to practices that caused problems in the foreclosure crisis. This report reviews issues related to financial regulation and provides brief descriptions of major provisions of the Dodd-Frank Act, along with links to CRS products going in to greater depth on specific issues. It does not attempt to track the legislative debate in the 115th Congress.

Mortgage Reform and Anti-Predatory Lending Act

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Publisher :
ISBN 13 :
Total Pages : 168 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Mortgage Reform and Anti-Predatory Lending Act by : United States. Congress. House. Committee on Financial Services

Download or read book Mortgage Reform and Anti-Predatory Lending Act written by United States. Congress. House. Committee on Financial Services and published by . This book was released on 2009 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Wall Street Reform

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Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781977826060
Total Pages : 166 pages
Book Rating : 4.8/5 (26 download)

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Book Synopsis Wall Street Reform by : United States Congress

Download or read book Wall Street Reform written by United States Congress and published by Createspace Independent Publishing Platform. This book was released on 2017-10 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wall Street reform : oversight of financial stability and consumer and investor protections : hearing before the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred Thirteenth Congress, first session, on examining the agencies' overall implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act, February 14, 2013.

Wall Street Reform

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Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781981644384
Total Pages : 166 pages
Book Rating : 4.6/5 (443 download)

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Book Synopsis Wall Street Reform by : United States. Congress

Download or read book Wall Street Reform written by United States. Congress and published by Createspace Independent Publishing Platform. This book was released on 2017-12-12 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wall Street reform : oversight of financial stability and consumer and investor protections : hearing before the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred Thirteenth Congress, first session, on examining the agencies' overall implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act, February 14, 2013.

111th United States Congress

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Publisher :
ISBN 13 : 9781477421192
Total Pages : 110 pages
Book Rating : 4.4/5 (211 download)

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Book Synopsis 111th United States Congress by : Wilma Quinn

Download or read book 111th United States Congress written by Wilma Quinn and published by . This book was released on 2012-05-08 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: What's so special about Dodd-Frank Wall Street Reform And Consumer Protection Act?In this new, compelling book from author Wilma Quinn, find out more about Dodd-Frank Wall Street Reform And Consumer Protection Act ...The Dodd???Frank Wall Street Reform and Consumer Protection Act is a federal statute in the United States that was signed into law by President Barack Obama on July 21, 2010. The Act implements financial regulatory reform sponsored by the Democratically controlled 111th United States Congress and the Obama administration. Passed as a response to the late-2000s recession, the Act brought the most significant changes to financial regulation in the United States since the regulatory reform that followed the Great Depression, representing a significant change in the American financial regulatory environment affecting all Federal financial regulatory agencies and almost every aspect of the nation's financial services industry. As with other major financial reforms, some legal and financial scholars on both sides of the political spectrum have criticized the law, arguing on the one hand that the reforms were insufficient to prevent another financial crisis or additional "bail outs" of financial institutions, and on the other hand that the reforms went too far and would unduly restrict the ability of banks and other financial institutions to make loans.In addition to the headline regulatory changes covering capital investment by banks and insurance companies, the Act introduces new regulation of hedge funds and private equity funds, alters the definition of accredited investors, requires reporting by all public companies on CEO to median employee pay ratios and other compensation data, enforces equitable access to credit for consumers, and provides incentives to promote banking among low- and medium-income residents.The law was initially proposed by the Obama Administration in June 2009, when the White House sent a series of proposed bills to Congress. A version of the legislation was introduced in the House in July 2009. On December 2, 2009, revised versions were introduced in the House of Representatives by Barney Frank, and in the Senate Banking Committee by Chairman Chris Dodd. Due to their involvement with the bill, the conference committee that reported on June 25, 2010, voted to name the bill after the two members of Congress.So, what seperates this book from the rest?A comprehensive narrative of Dodd-Frank Wall Street Reform And Consumer Protection Act, this book gives a full understanding of the subject.A brief guide of subject areas covered in "111th United States Congress - Dodd-Frank Wall Street Reform And Consumer Protection Act" include -- Dodd-Frank Wall Street Reform and Consumer Protection Act- Bank Holding Company Act of 1956- Wall Street Transparency and Accountability Act of 2010- Investor Protection and Securities Reform Act of 2010- US corporate law- Corporate governance- Say on pay- United States Consumer Financial Protection BureauFind out more of this subject, it's intricacies and it's nuances. Discover more about it's importance. Develop a level of understanding required to comprehend this fascinating concept.Author Wilma Quinn has worked hard researching and compiling this fundamental work, and is proud to bring you "111th United States Congress - Dodd-Frank Wall Street Reform And Consumer Protection Act" ...Read this book today ...

Dodd-Frank

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Publisher :
ISBN 13 : 9780983607779
Total Pages : 232 pages
Book Rating : 4.6/5 (77 download)

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Book Synopsis Dodd-Frank by : Hester Peirce

Download or read book Dodd-Frank written by Hester Peirce and published by . This book was released on 2013-01-01 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: More than 360,000 words in length, the Dodd-Frank Wall Street Reform and Consumer Protection Act is the longest and most complex piece of financial legislation in American history. The nature and magnitude of its effects, both intended and unintended, will become clearer as regulators exercise the broad discretion given to them under the law. In this new book, the contributors ask whether the law is an effective response to the financial crisis that so deeply rattled our nation. Taking a hard look at the law's celebrated objectives, they reveal that it not only fails to achieve many of its stated goals, it also creates dangerous regulatory pathologies that could lay the groundwork for the next crisis.