Summary
PRESIDENT Barack Obama has signed into law the biggest changes to the US financial regulatory system since the Great Depression, calling them "the strongest consumer financial protections in history".
The 2300-page regulatory overhaul creates the consumer protection bureau, sets up a new council of regulators to monitor systemic risks in the banking system and gives the government new powers to unwind failing financial firms whose collapse would go on to undermine the markets.See the full content of this document
Extract
Us Banking Reform Bill Passed
Obama praised the new rules as commonsense ...
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