Dodd-Frank Wall Street Reform and Consumer Protection Act

The Dodd-Frank Wall Street Reform and Consumer Protection Act, commonly known as Dodd-Frank, is a law passed by the US Congress in 2010 in response to the financial crisis of 2008. It is a wide-ranging law that aims to regulate the financial industry and protect consumers from financial abuse. Continue Reading Below

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About Dodd-Frank Wall Street Reform and Consumer Protection Act

The Dodd-Frank Wall Street Reform and Consumer Protection Act, commonly known as Dodd-Frank, is a law passed by the US Congress in 2010 in response to the financial crisis of 2008. It is a wide-ranging law that aims to regulate the financial industry and protect consumers from financial abuse. One of the key provisions of the law is the creation of the Consumer Financial Protection Bureau (CFPB), which is responsible for enforcing consumer protection laws and regulating financial products and services.