A Brief Summary of the Dodd Frank Wall Street Reform Act CFPB The new Consumer Financial Protection Bureau is the biggest consumer reform since deposit insurance in the 1930s. Consumers will now have one-stop shopping for consumer protection and an independent advocate on their side to prevent tricks and traps with regard to a range
AFR tracked the individual votes of Senate and House members during the financial reform debate. Click below to see their voting records and related comments. S. 3217 Final Passage and Selected Amendment Voting Record Senate Voting Record Key HR4173 Final Passage and Selected Amendment Voting Record House Voting Record Key
September 27, 2010 Dear Representative: Consumers Union, the nonprofit publisher of Consumer Reports ®, the Americans for Financial Reform (a coalition of over 250 national state and local groups), the Consumer Federation of America (CFA), the National Association of Consumers Advocates (NACA), the National Consumer Law Center (NCLC) and the U.S. PIRG are pleased to
A coalition of consumer advocates recently sent this letter to Sheila Bair about the FDIC and overdraft fees. Dear Ms. Bair: We, the undersigned civil rights, labor, consumer, housing, community, business, and sustainable and responsible investor groups, write to thank the FDIC for bringing attention to abusive overdraft practices. Your proposed guidance recommends common-sense actions
Professor Michael Greenberger has prepared a comment letter in response to definitions contained in Title VII of Dodd-Frank Wall Street Reform and Consumer Protection Act. This document discusses the definitions of terms that are key for effective derivatives regulation. Click here to read the pdf.
Below, read a summary of the Dodd-Frank law from AFR member Consumer Action. The landmark federal financial reform legislation (the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010) was designed to strengthen consumer protection of financial products and services, limit taxpayer liability for financially risky banks, and prevent or stop the spread of