Dodd-Frank regulations: agencies conducted regulatory analyses and coordinated but could benefit from additional guidance on major rules: repo

By: Office, U. S. Government Accountability

"The 2010 Dodd-Frank Act requires or authorizes various federal agencies to issue hundreds of rules to implement reforms intended to strengthen the financial services industry. As amended by Public Law No. 112-10, the act also mandates that GAO annually study financial services regulations. This report examines (1) the regulatory analyses agencies conducted in their Dodd-Frank rulemakings; (2) interagency coordination on such rulemakings and by CFPB in its supervision activities; and (3) the possible impact of selected Dodd-Frank provisions and related rules and agency plans to assess Dodd-Frank Act rules retrospectively. GAO identified and reviewed 70 Dodd-Frank rules that became effective from July 24, 2012, through July 22, 2013, to determine whether the required regulatory analyses and coordination were conducted; examined CFPB's policies, procedures, and other materials; developed indicators on the impact of the act's systemic risk-related provisions and rules; conducted a regression analysis to assess the act's impact on large bank holding companies; and interviewed federal financial regulators and officials from the U.S. Department of the Treasury, the Financial Stability Oversight Council, and OMB."

• Format: Paperback
• Language: English
• ISBN: 1974184552
• ISBN13: 9781974184552
• Release Date: January 1
• Publisher: Createspace Independent Publishing Platform
• Length: 140 Pages
• Weight: 0.75 lbs.
• Dimensions: 0.3" x 8.5" x 11.0"