03-02-2017 21:48 via rocketnews.com

Factbox: Sweeping U.S. Dodd-Frank financial law created new agencies, rules

By Amanda Becker
(Reuters) – The Dodd–Frank Wall Street Reform and Consumer Protection Act, named for former Democratic lawmakers Senator Chris Dodd and Representative Barney Frank, was signed by former President Barack Obama in 2010 as a response to the financial crisis.
Dodd-Frank is the most sweeping financial regulatory statute enacted since the response to the Great Depression in the 1930s. It created new regulatory bodies and directed already-existing agencies to write hundred
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