Fulfill Your Dodd-Frank Regulation Requirements
The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 is the most sweeping change to the financial industry since the Great Depression. The Dodd-Frank Act established the Consumer Financial Protection Bureau and granted them with rule-making authority over several regulations, and supervisory authority over depositories with over $10 billion in assets and certain non-depository financial institutions. Depositories under $10 billion are subject to CFPB issued rules, which are enforced by their prudential regulator.
The Dodd-Frank regulations provide reform measures on banks and financial institutions to protect consumers and prevent another financial crisis. Compliance Alliance provides up-to-date Dodd-Frank compliance tools to help banks stay in front of any regulatory issues.