Best Practice =>> Leadership

Gaining a New Perspective on the Dodd-Frank Act


From any perspective the implementation of the Dodd-Frank Act has been frustratingly slow. For savvy businesses, suppliers and consultants, it offers a sea of opportunities. - By Ravi Singh

The Dodd-Frank Wall Street Reform and Consumer Protection Act is a complex piece of legislation that paints with a broad brush. It impacts many market segments that include money market fund management, risk mitigation, private funds registration, proprietary trading, thrift companies, asset managers and other financial areas. Much of the attention that the act garnered at its time of passage was placed on the consumer-focused segments like consumer and mortgage banking, insurance companies, banks, hedge funds, credit rating agencies, and others. The act also set some incentive-based compensation requirements for certain firms, addressed standards for financial broker-dealers and investment advisors, and so on.

Login or Subscribe to access full content.