Dodd–Frank: Content, Purpose, Implementation Status and Issues
Implementation of Dodd–Frank requires the development of some 250 new regulatory rules and various mandated studies. There is also the need to introduce and staff a number of new entities (bureaus, offices, and councils) with responsibility to study, evaluate, and promote consumer protection and financial stability. Additionally, there is a mandate for regulators to identify and increase regulatory scrutiny of systemically important institutions. In this special issue of Economic Perspectives, we, and the authors of the accompanying articles, discuss nd evaluate the Dodd–Frank Act from a number of perspectives.
