Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank” or the “Act”)
In July 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank” or the “Act”) was signed into U.S. federal law. The Act made changes to the financial regulatory environment in the United States as a way of promoting financial stability by, among other things, improving accountability and transparency in the financial system.
Within the Act, Title VII addressed concerns regarding the regulation of the over-the-counter (OTC) swaps markets, and in particular required certain OTC derivatives and FX instruments to be traded on a regulated Swap Execution Facility (SEF).
Dodd-Frank: the highlighted parts of the value chain are affected