Congress took a new approach with the Commodity Futures Trading Commission in the Dodd-Frank bill.
Moreover, even today it is far from clear how the Dodd-Frank bill will work in practice.
Nor are they happy with some parts of the Dodd-Frank bill regarding derivatives, proprietary trading, and capital.
The Obamacare bill and the Dodd-Frank bill are two big starts for government to seize control of everything.
The SEC is busy with a lot of other things, many of them listed in the Dodd-Frank bill.
Last year, Mr. Williams spent much of his time arranging meetings over the financial regulatory legislation known as the Dodd-Frank bill.
The Dodd-Frank bill, named after its proponents in the Senate and House, is the most sweeping reform of Wall Street since the 1930s.
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Since then, of course, they have been mandated by the Dodd-Frank bill, though the SEC has not implemented the rule as yet.
Dodd-Frank Bill Concentrates Financial Power The Dodd-Frank bill can be likened to giving the government unlimited powers and asking them to eliminate evil.
It took over a year to find a candidate to head up the new Office of Financial Research, created by the Dodd-Frank bill.
Growth in 2012 has been affected by the Durbin amendment to the Dodd-Frank bill, which has led to a decline in debit volume.
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The Dodd-Frank bill, named after its proponents in the Senate and House, is dubbed the most sweeping reform of Wall Street since the 1930s.
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On June 15, 2010, two weeks before a final agreement on the Dodd-Frank bill, JNK Securities arranged an all-day roster of meetings for clients.
The Dodd-Frank bill to regulate Wall Street is an unholy mess.
With Dodd-Frank, retail forex trading will become illegal for non-participants (traders) unless the CFTC finishes its new forex regulations in short order (Dodd-Frank Bill Section 742(c)).
Responding to merchant complaints about unduly expensive debit fees, last year's Dodd-Frank bill authorized the Federal Reserve to emulate the Australian example and cap fees on debit cards.
Chuck Akre noted in his quarterly letter that he bought shares of MasterCard (MA) after the enactment of the Durbin amended Dodd-Frank Bill created uncertainty in the space.
Under the Dodd-Frank Bill, a panel of elite public servants now has the authority to seize any bank or other company they feel poses a systemic risk to the economy.
Many banks believe that trading is too lucrative a business to stop, and they are trying to persuade government officials to enforce the Dodd-Frank bill in the loosest possible way.
This past year alone, the mother of two has fought for more responsibilities for implementing financial reform and won stipulations that allow the FDIC to liquidate banks under the Dodd-Frank bill.
Under the Dodd-Frank Bill and ObamaCare, tens of thousands of pages of new regulations will further empower the State to dictate the terms of commercial activity and the quality of our health care.
Bernanke also mentioned the requirement included in the proposed rules to Dodd-Frank Bill that would require investors to leave 3% of their holdings in money market funds when they liquidate their positions.
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Yet it could well be that the passage of the Dodd-Frank bill, which seems so misconceived at so many levels, could have made things in the financial sector far worse than they were before.
Add in the heavier regulations and taxes on the health care industry, and further restrictions on economic activity imposed by the EPA and the Dodd-Frank bill, and another recession would seem all but unavoidable.
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And the President believes that this was a fundamental aspect of the Dodd-Frank bill, and he will continue to fight to make sure that it is stood up and this bureau is there protecting consumers going forward.
Several major political issues are still looming over Wall Street: the lack of significant, sustainable job creation through incentives for starting or expanding small businesses, the housing inventory glut, overspending and the national debt, and the Dodd-Frank Bill (only 5% of which has been implemented to date).
The adoption of the Dodd-Frank reform bill last year demonstrated that more needed to be done to keep the level regulation up-to-date to a rapidly evolving industry.
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