E-PaperDodd Frank Act News
US Congress passes big rollback of post-financial crisis bank reforms
The bill frees thousands of small and medium-sized banks from the regulatory scrutiny imposed by the Dodd-Frank Act of 2010, while leaving key elements of the law in place for the US's largest financial institutions
2 min read23 May 2018Bankers in Davos see Donald Trump making Wall Street great again
Wall Street bank shares have rallied since the election on speculation that Donald Trump's policies will accelerate economic growth and drive higher interest rates
4 min read19 Jan 2017Larry Summers warns of financial-crisis risk from Trump economic plans
Former US treasury secretary Lawrence Summers pulls up Trump economic plans saying that the deregulation in some areas like finance is hugely dangerous
1 min read9 Jan 2017Trump’s transition team pledges to dismantle Dodd-Frank Act
The call to scrap Dodd-Frank isn't likely to go over well with Elizabeth Warren, the Wall Street scourge and Trump antagonist who said on 10 November that she'd be willing to work with the incoming administration to enact economic and banking policies so long as he didn't loosen existing rules
2 min read13 Nov 2016De-jargoned: Asset-backed securities
It is an instrument created by securitizing loans
2 min read9 Sep 2014US ruling on resources may impact Indian businesses
The US court ruling on disclosing use of conflict minerals will have implications beyond the US
3 min read25 Jul 2013Are forex derivatives different from a regulation perspective?
Are forex derivatives different from a regulation perspective?
4 min read4 Apr 2011Could regulation circa 2010 have averted the crisis?
Could regulation circa 2010 have averted the crisis?
4 min read25 Jan 2011US financial reform law leaves a lot unsaid
US financial reform law leaves a lot unsaid
6 min read9 Sep 2010Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared