The dodd frank financial reform act why we need it will it work
•Download as PPT, PDF•
1 like•3,092 views
The document discusses the Dodd-Frank Financial Reform Act and why financial regulation is needed but may not be fully effective. It summarizes key provisions of Dodd-Frank including establishing a Financial Stability Oversight Council, winding up failing financial firms, and limiting risky bank activities. However, it notes Dodd-Frank is very complex and doesn't address all risks, and new regulations could unintentionally shift banks to riskier activities rather than reducing their overall risk appetite. Overall regulatory success depends on directly addressing the underlying problems of contagion, moral hazard, and misaligned incentives.
![The Dodd-Frank Financial Reform Act ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Post P100717 from Ed Dolan’s Econ Blog http://dolanecon.blogspot.com/ Photo source: http://www.house.gov/frank/photos/index.html](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
More Related Content
Viewers also liked
Similar to The dodd frank financial reform act why we need it will it work
Similar to The dodd frank financial reform act why we need it will it work (20)
More from Ed Dolan
More from Ed Dolan (20)
Recently uploaded
Recently uploaded (20)
The dodd frank financial reform act why we need it will it work
- 1. Free Slides from Ed Dolan’s Econ Blog http://dolanecon.blogspot.com/ Financial Reform: Why We Need It, and Why it Might Not Work Post prepared July 17, 2010 Terms of Use: These slides are made available under Creative Commons License Attribution—Share Alike 3.0 . You are free to use these slides as a resource for your economics classes together with whatever textbook you are using. If you like the slides, you may also want to take a look at my textbook, Introduction to Economics , from BVT Publishers.