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Dodd-Frank

The Dodd–Frank Wall Street Reform and Consumer Protection Act was signed into law by President Barack Obama on July 21, 2010. It represents the most sweeping change to financial regulation in the United States since the Great Depression and represents a significant change in the American financial regulatory environment affecting all Federal financial regulatory agencies and almost every aspect of the nation's financial services industry.

Essence

The financial crisis led to widespread calls for changes in the regulatory system.

In June 2009, President Obama introduced a proposal for a "sweeping overhaul of the United States financial regulatory system.” It aims to promote the financial stability of the US by improving accountability and transparency to the financial system to:

    end the ‘too big to fail’ syndrome protect the American taxpayer by ending bailouts protect consumers from abusive financial services practices

The Act changes the existing regulatory structure and creates a host of new agencies while removing others in an effort to streamline the regulatory process, increase oversight of specific institutions regarded as a systemic risk, amend the Federal Reserve Act, promote transparency, and additional changes.

Contact

Complaints

Complaints may be directed to the Swap Dealer Compliance Office.

Rabobank - c/o Rabobank Nederland, New York branch
Attention: Swap Dealer Compliance Department
245 Park Avenue, 36th Floor
New York, NY 10167

    Telephone US: 212-916-7855 (U.S.) Telephone The Netherlands: +31 30 71 23995 or +31 30 21 68119