President Obama Signs The Dodd-Frank Act; The Bureau Of Consumer Financial Protection Is On Its Way

Jim Puzzanghera of the Los Angeles Times reports that the President has signed the Dodd-Frank Act.  With the enactment of this sweeping financial overhaul legislation comes the birth of the Bureau of Consumer Financial Protection – a new and principal regulator which will oversee consumer financial products and virtually every consumer financial protection statute.  In the coming days, the CFSL Bulletin will be present a series of articles on the new Act, and the structure and power of the Bureau.  Stay tuned…