Dodd Frank Stimulates Financial Industry Transformation Again!

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Source: Oracle
Date: December 2011
Type: White Paper
Rating: (0)

Overview: Here we go again! From the Financial Institutions Reform Recovery and Enforcement Act (FIRREA) of 1989, Gramm-Leach-Bliley Act (GLBA) enacted in 1999, to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, we've seen a trend of regulatory overhaul in each of the last three decades.

Regulatory change is not new to the industry, but the sheer scale and scope of reform today is unprecedented.

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