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Dodd–Frank Wall Street Reform and Consumer Protection Act From Wikipedia, the free encyclopedia Jump to: navigation, search This article may require cleanup to meet Wikipedias quality standards. Please improve this article if you can. The talk page may contain suggestions. (August 2010) Dodd–Frank Wall Street Reform and Consumer Protection Act Full title An Act to promote the financial stability of the United States by improving accountability and transparency in the financial system, to end too big to fail, to protect the American taxpayer by ending bailouts, to protect consumers from abusive financial services practices, and for other purposes. Colloquial name(s) Dodd–Frank, Wall Street Reform, Financial Regulatory Reform Enacted by the 111th United States Congress Effective July 21, 2010 Citations Codification Legislative history Introduced in the House as The Wall Street Reform and Consumer Protection Act of 2009 (H.R.?4173) by Barney Frank (D–MA) on December 2, 2009 Committee consideration by: Financial Services Passed the House on December 11, 2009 (223–202) Passed the Senate with amendment on May 20, 2010 (59-39) Reported by the joint conference committee on June 29, 2010; agreed to by the House on June 30, 2010 (237-192) and by the Senate on July 15, 2010 (60-39) Signed into law by President Barack Obama on July 21, 2010 Major amendments Relevant Supreme Court cases The Dodd–Frank Wall Street Reform and Consumer Protection Act (Pub.L. 111-203, H.R.?4173) is a federal statute in the United States that was signed into law by President Barack Obama on July 21, 2010.[1] The Act is a product of the financial regulatory reform agenda of the Democratically-controlled 111th United States Congress and the Obama administration. The law was initially proposed on December 2, 2009, in the House by Barney Frank, and in the Senate Banking Committee by Chairman Chris Dodd. Due to their involvement with the bill, the conference committee that reported on