Regulations and banking-Week 2 Assignment
Absolutely no plagiarism, must be original and very thorough. Please make sure everything is followed in the question and the grading rubric. Assigned reading articles are attached. Must include a cover page and reference page. Must include multiple outside academic resources with free links. Sentences should be short but thorough.
- The Dodd-Frank Wall Street Reform and Consumer Protection Act is a historic piece of legislation impacting a wide variety of financial institutions. While many of the substantive changes included in the legislation mandates studies over the next several months and beyond by various regulatory agencies, these mandates will affect financial institutions’ financing and business decisions. Is the banking industry being too rigorously regulated by new banking laws to the point that it may increase costs to consumers? Will this rigorous regulation of banks prevent another financial crisis in the future?
- Please write 6-8 pages in APA format – no abstract please!
- Please find 2-3 scholarly, credible articles from the eLibrary to support your points.
Ex: American Banker’s Association, Journal of Banking, Wall Street Journal - Week 1 Assignment Rubric for MBE501
Week 1 Assignment Rubric for MBE501 | |||
Criteria | Ratings | Pts | |
This criterion is linked to a Learning Outcome Critical Thinking |
| 30.0 pts | |
This criterion is linked to a Learning Outcome Content and Development |
| 30.0 pts | |
This criterion is linked to a Learning Outcome Organization and Length |
| 15.0 pts | |
This criterion is linked to a Learning Outcome Sentence Structure, Grammar, Spelling and APA Form and Style |
|
Answer preview
Overview of the Dodd-Frank Wall Street Reform and the Consumer Protection Act
The legislation’s primary goals are to restore the confidence of the American people in the system by protecting them, and, to lay a strong foundation for economic activities that will further strengthen the economy of the nation and improve living standards. The legislation highlights how consumers will be protected by accessing truthful, reliable information about financial products in the marketplace and uncovers hidden details on extra fees charged. It discourages the creation of firms that are ‘too big’ by imposing strict capital and leverage requirements…
(1800 words)