Wall Street Transparency and Accountability Act of 2010 Introduces Extended Period of Regulatory Uncertainty


When fully implemented, the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 promises, in President Obama’s words, “clearer accountability in supervision and regulation so that financial firms can operate under a coherent set of rules and expectations,” and “certainty to everybody, from bankers to farmers to business owners to consumers.” In the near term, however, the promise and the reality will be polar opposites. With the enactment of this legislation on July 21, the financial services industry is entering an extended period of regulatory uncertainty unlike any it has ever experienced.

Please see full advisory below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Katten Muchin Rosenman LLP | Attorney Advertising

Written by:


Katten Muchin Rosenman LLP on:

Popular Topics
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.