Financial Reform Timeline
June 2009 Administration releases White Paper on Financial Reform
July 2009 First AFR Meeting
July 28, 2009 House Financial Services Committee passes Corporate and Financial Institution Compensation Fairness Act (HR. 3269) 40-28
July 31, 2009 House passes Corporate and Financial Institution Compensation Fairness Act (HR 3269) to give shareholders greater say over executive pay and expand the powers of regulators to limit compensation packages that they deem improper 237 -185
October 15, 2009 House Financial Services Committee passes Over-the-Counter Derivatives Markets Act of 2009 (HR 3795), 43-26
October 22, 2009 House Financial Services Committee passes bill to establish the Consumer Financial Protection Agency (HR 3126), 39-29
October 27, 2009 House Financial Services Committee passes Private Fund Investment Advisers Registration Act of 2009 (HR 3818), to amend the Investment Advisers Act of 1940 to require advisers of certain unregistered investment companies to register with and provide information to the Securities and Exchange Commission, 67-1.
October 28, 2009 House Financial Services Committee passes Accountability and Transparency in Rating Agencies Act (HR 3890), 49-14
October 29, 2009 House Energy and Commerce Committee Passes Consumer Financial Protection Agency (HR 3126), 33-19.
November 4, 2009 House Financial Services Committee Passes Investor Protection Act, 41-28
November 10, 2009 Senate Banking Chairman Dodd introduced a discussion draft of a financial regulatory reform bill that for the most part followed the template of the U.S. Treasury legislative proposal on derivatives but greatly restricted the exemption from exchange trading for those derivatives needed by end users to hedge commercial risk.
December 11, 2009 The House passed by a vote of 223-202 H.R. 4173
December 2009 Senate establishes Dyads to review key components of the financial reform bill in hopes of gaining bipartisan support
Mar 22, 2010 Financial Reform Passes Senate Banking Committee Markup
May 20. 2010 Financial Reform Passes Senate Floor Vote (S. 3217)
June 25/26, 2010 House-Senate Conference approves Bill
June 29, 2010 House-Senate Conference reopens and closes Bill
June 30, 2010 Conference Committee Report Passes House
July 15, 2010 Conference Committee Report Passes Senate
July 21, 2010 Dodd Frank Wall Street Reform Bill is signed by President Obamafinal bill, timeline