Dodd-Frank Act
/ˈdɒd ˈfræŋk ækt/
Definitions
- (n.) A United States federal law enacted in 2010 aimed at promoting financial stability by improving accountability and transparency in the financial system.
The Dodd-Frank Act introduced comprehensive reforms to prevent another financial crisis.
Forms
- dodd-frank act
Related terms
See also
Commentary
Commonly cited as a landmark statute in financial regulatory law, references should specify the 2010 federal act to avoid confusion with amendments or proposals.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.