Financial Reform for Dummies

If you want to understand the changes that will be enacted with the recent financial reform law, you can go to the Securities and Exchange Commission and read the 2,300-page Dodd-Frank Wall Street Reform and Consumer Protection Act, or just skip to your favorite topics. But it’s a bitch to get through and the legalese is deadly.

Here’s the New York Times angle.

But by far, the most detailed and easy to understand analysis of this new law and its implications comes from the law firm of Millbank, Tweed, Hadley & McCloy. Highlights of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 is a quick read that lays out all the changes without the jargon.

The SEC is taking comments now for what new rules should be written.

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