The Dodd-Frank Wall Street Reform and Consumer Protection Act was signed into law in 2010 and ushered in an overhaul of the US financial regulatory system so sweeping that many of the regulations needed to fully implement the law are still evolving in 2012. Enacted in response to a financial crisis described as the "worst since the Great Depression," this massive piece of legislation contains 16 titles, comprises 2,319 pages in its original form, and calls for regulators from 22 separate federal agencies to conduct dozens of new studies and create hundreds of new rules.
This Substance of the Standard was prepared by MHM's Professional Standards Group to provide a timely update of the regulations issued through March 31, 2012 - and those that are expected in the months to come - so you can prepare for the challenges that lie ahead.
Learn more in The Substance of the Standard (pdf)
Published on June 12, 2012