General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forumshey consumers...think the 'president' is working for you?
think again....
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DoddFrank Wall Street Reform and Consumer Protection Act
The DoddFrank Wall Street Reform and Consumer Protection Act (Pub.L. 111203, H.R. 4173, commonly referred to as DoddFrank) was signed into federal law by President Barack Obama on July 21, 2010.[1] Passed as a response to the financial crisis of 20072008, it brought the most significant changes to financial regulation in the United States since the regulatory reform that followed the Great Depression.[2][3][4][5] It made changes in the American financial regulatory environment that affected all federal financial regulatory agencies and almost every part of the nation's financial services industry.[6][7]
https://en.wikipedia.org/wiki/DoddFrank_Wall_Street_Reform_and_Consumer_Protection_Act
Kittycow
(2,396 posts)..the little guy so much?
spanone
(135,919 posts)Kittycow
(2,396 posts)I forgot who they work for
C_U_L8R
(45,030 posts)The only thing holding financial companies and their
customers together is a simple, enduring concept called TRUST.
Without regulation, there is no trust... and no reason whatsoever
for anyone to 'entrust' their money with any of these characters.
Regulations actually have a very important role in keeping business together.
Greed has made Republicans so shortsighted and misguided.
spanone
(135,919 posts)until it hits them in the pocketbook...and maybe not then
Johonny
(20,933 posts)This doesn't benefit private industry or the stock market, both doing just fine with Frank Dodd in place. All it does is help make the next down turn worse. Which benefits...Russia. But hey, where's the evidence accept, you know, Trump's whole campaign and presidency to date.