Candace Edmonds (EDT) Dodd-Frank Act

Annotation

The Dodd-Frank Act requires or authorizes various federal agencies to issue hundreds of rules to implement reforms intended to strengthen the financial services industry. This book examines the regulatory analyses federal agencies performed for rules issued pursuant to the Dodd-Frank Act and how the agencies consulted with each other in implementing the final rules to avoid duplication or conflicts. Most Dodd-Frank Act regulations have not been finalized or in place for sufficient time for their full impacts to materialize. Recognizing these and other limitations, the Government Accountability Office (GAO) took a multipronged approach to assess the impact of some of the act's provisions and rules, with an initial focus on the act's systemic risk goals.