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Nearly five years after the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 was signed into law, the Securities and Exchange Commission has entered the final stretch of the rulemaking required of it under the act.
Executive Summary. 1  The DoddâFrank Wall Street Reform and Consumer Protection Act (Dodd-Frank) doesnât need to be entirely repealed and replaced. 2  Among those parts that should be repealed entirely are the Volcker Rule, Financial Stability Oversight Council (FSOC), and derivatives rules.