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Dodd-Frank Wall Street Reform and Consumer Financial Protection Act: A Brief Legislative History with Links, Reports and Summaries

By Rick McKinney, Published on December 10, 2010

Public Law 111-203, July 21, 2010, 124 Stat. 1326 (H.R. 4173)

Editor's note: this work is part of The Law Librarians' Society of Washington, D.C LLSDC's Legislative Sourcebook and reprinted with permission of the author.


First, determine when a particular provision got into the bill (see text versions below) and how different it may be from that enacted or in other versions. Then look for related comments regarding it by performing word/phrase searches in the Congressional Record and in Bill Texts or Both for the 111th Congress. See also related reports, hearings and other documents.

Text of Bill Versions on Financial Regulatory Reform (when and how certain provision got into bill)
07/21/2010 - H.R. 4173 as enrolled (with bookmarks) and then enacted as P.L. 111-203 (848 p.)
07/15/2010 - Senate closed debate and agreed to conf. report on H.R. 4173 (156 CR S5870-S5933)
06/30/2010 - House agreed to conference report on H.R. 4173 (156 CR H5223-H5261)
06/29/2010 - H.R. 4173 conference report filed (H. Rept. 111-517) - Joint Explanatory Statement
06/10/2010 - H.R. 4173 as a conference base text (1974 p.) before conferee deliberations
05/20/2010 - H.R. 4173 as passed the Senate (1616 p.) - "Restoring American Financial Stability Act"
04/30/2010 - 05/19/2010 - Text of Senate amendments to Amdt No. 3739 to S. 3217 from Cong. Rec.
04/29/2010 - S. 3217 as base amendment (1566 p.) for Senate Floor action (Amendment No. 3739)
04/22/2010 - 05/20/2010 - Senate floor consideration of S. 3217; see Actions & Links to Cong. Rec.
04/15/2010 - S. 3217 as introduced/reported (1410 p.) by Sen. Dodd (S. Rept. 111-176)
03/15/2010 - Dodd committee print (1336 p.) - "Restoring Financial Stability Act" - Mang. Amdt to Print
12/11/2009 - H.R. 4173 as passed by the House (1705 p.) (referred to Senate; see Actions & Links
12/02/2009 - H.R. 4173 as introduced (1279 p.) by Rep. Frank - Wall Street Reform & Cons. Prot. Act
11/10/2009 - Dodd discussion draft (1136 p.) - "Restoring Financial Stability Act of 2009"
11/03/2009 - H.R. 3996 (380 p.) by Rep. Frank - Financial Stability Improvement Act (Titles I, III, VI, VIII)
10/27/2009 - Frank-Treasury discussion draft (253 p.) - Financial Stability Improvement Act - Pr. Rel.
07/22/2009 - Administration's combined draft (674 p.) legislation for Financial Regulatory Reform
06/17/2009 - Pr. Rel., White Paper, & Fact Sheets to Obama's Fin. Reg. Reform (Remarks; Summary)

Text of Proposed Legislation of Titles now in the Dodd-Frank Act
10/27/2009 - (Title IV) - 11/04/2009 Markup and approval by House Fin. Svcs Cmte of H.R. 3818
10/15/2009 - H.R. 3818 introduced by Rep. Kanjorski, Private Fund Investment Advisers Registration
05/21/2009 - (Title V) - H.R. 2609 intro. by Rep. Kanjorski - Insurance Office Information Act of 2009
10/13/2009 - (Title VII) H.R. 3795 introduced by Rep. Frank - Over-the-Counter Derivatives Market Act
10/15/2009 - (Title IX-A) - H.R. 3817 introduced by Rep. Kanjorski, Investor Protection Act of 2009
10/21/2009 - (Title IX-C) - H.R. 3890 introduced by Rep. Kanjorski on Credit Rating Agencies
07/31/2009 - (Title IX-E - H.R. 3269 passed House (v. 155 C.R. H9213-H9241)
07/30/2009 - H.R. 3269 reported as amended (H. Rept. 111-236) from House Fin. Services Cmte
07/21/2009 - H.R. 3269 introduced by Rep. Frank - Corp. & Fin. Inst. Compensation Fairness Act
07/16/2009 - Admn. draft on executive compensation (July 16 Press Rel., 2d PR)
12/09/2009 - (Title X) - H.R. 3126 reported - Consumer Fin. Prot. Agency Act - (H. Rept. 111-367)
07/08/2009 - Hearings on H.R. 3126 by Subcommittee on Commerce, Trade and Consumer Prot.
07/08/2009 - H.R. 3126 introduced by Rep. Frank - Consumer Fin. Protection Agency Act (Title X)
05/07/2009 - (Title XIV) - H.R. 1728 - House considered and passed bill, 155 Cong. Rec. H5313--50
05/06/2009 - H.R. 1728 - House began floor consideration - 155 Cong. Rec. H5174-H5185
05/05/2009 - H.R. 1728 reported accompanied by H. Rept. 111-94
04/23/2009 - H.R. 1728 hearing by the House Financial Services Committee
03/26/2009 - H.R. 1728 introduced by Rep. Miller, D-NC - Mortgage Ref. & Anti-Predatory Lending Act

Administration's 2009 Financial Regulatory Reform Proposals & Related House Legislation
Division A - Improvements to Supervision of Financial Firms
Title I - Financial Services Oversight Council Act of 2009 (July 22 PR) - Oct. 27 draft - PR)
Title II - Bank Holding Company Modernization Act (consolidated supervision) (July 22 PR)
Title III - Federal Depository Institutions Sup. and Regulations Improvement Act of 2009 (July 23 PR)
Title IV - Private Fund Investment Advisers Registration Act of 2009 (July 15 PR) (H.R. 3818)
Title V - Office of National Insurance Act of 2009 (July 22 PR) (H.R. 2609)
Title VI - Bank Holding Co. and Depository Institution Regulatory Improvements Act (July 22 PR)
Division B - Additional Improvements to the Supervision of Financial Markets
Title VII - Improvements to the Reg. of Over-the-Counter Derivative Markets (H.R. 3795)
Subtitle A - Regulation of Swap Markets - page 1 (Aug. 11 PR)
Subtitle B - Regulation of Security Based-Swap Markets, p. 69 (Aug. 11 PR)
Title VIII - Payment, Clearing, and Settlement Supervision Act of 2009 (July 23 PR)
Title IX - Investor Protection Act of 2009
Subtitle A - Disclosure (July 10 PR) (H.R. 3318)
Subtitle B - Enforcement and Remedies (p. 6) (July 10 PR)
Subtitle C - Improvements to the Regulation of Credit Rating Agencies (July 21 PR) (H.R. 3890)
Subtitle D - Improvements in Executive Compensation (July 16 PR, 2d PR) (s.a. H.R. 3269)
Subtitle E - Improvements to the Asset-Backed Securitization Process (July 22 PR)
Division C - Improvements in Consumer Financial Protection
Title X - Consumer Financial Protection Agency Act of 2009 (June 30 PR) (H.R. 3126)
Title XI - Improvements to the Federal Trade Commission Act (June 30 PR) (H.R. 3126)
Division D - Improvements for Financial Crisis Management - Oct. 27 draft (PR)
Title XII - Resolution Authority for Large Interconnected Financial Companies Act (July 23 PR)
Title XIII - Amendments to Section 13(3) of the Federal Reserve Act (July 22 PR)

See also related:
Press Releases and Markups by the House Committee on Financial Services
Hearings before the House Committee on Financial Services
Press Releases and Markups by the Senate Committee on Banking, Housing, and Urban Affairs
Hearings before the Senate Committee on Banking, Housing, and Urban Affairs

See CRS Reports on the Dodd-Frank Wall Street Reform and Consumer Protection Act:
Issues and Summary
Systemic Risk and the Federal Reserve (Titles I & XI)
Titles III & VI, Regulation of Depository Institutions and Depository Holding Companies
Title VII, Derivatives
Standards of Conduct of Brokers, Dealers, & Investment Advisers (Title IX)
Regulations to be Issued by the Consumer Financial Protection Bureau (Title X)
Rulemaking Requirements and Authorities (Titles I - XVI)

Selected Summaries and Commentaries of the Act on the Web
CRS Summary (still for House passed version, not yet as enacted)
Alston & Bird - Implications for Non-Financial Services Companies (11 p.)
American Bankers Association - Title Summaries (web page with detailed links)
Arnold & Porter - Dodd-Frank Act Compendium (119 p. - uploaded by perrmission)
Bingham McCutcheon - Summary (77 p.)
BoardMember.com - Summaries (Web pages on compensation, clawbacks, proxy-access, etc.)
Burns & Levinson - Summary of Corporate Governance Changes (long web page)
Cleary Gottlieb - Alert Memo Summary (54 p.)
Conference of State Banking Supervisors - Summary of Title X: Cons. Fin. Prot. Bureau (8 p.)
Congressional Research Service - Dodd-Frank Act: Issues and Summary (22 p.)
Cadwalder, Wickersham & Taft - Summary (11 p. but with Title by Title links to details)
Chadbourne & Parke - Summary and Analysis of the Volcker Rule (12 p.)
DavisPolk Summary (130 p.) and Regulatory Implementation Slides (28 p.)
Debevoise & Plimpton - Summary of Key Provisions (177 p.)
Deutsche Bank - Implications of Landmark Act (83 p.)
Dewey & LeBoef - Client Alerts (web page with links summarizing various provisions)
Federal Reserve Bank of Philadelphia - Summary (9 p.)
Federal Deposit Insurance Corporation - Staff Summary (15 p.)
Fried Frank - Summary (long web page)
Gibson, Dunn & Crutcher - Summary (371 p.)
Independent Community Bankers of America - Summary (10 p.)
Kilpatrick Stockton - Scope of Coverage of the Consumer Financial Protection Bureau
Mayer Brown - Understanding the New Financial Reform Legislation (169 p.)
Mortgage Bankers Association - Summary of Mortgage Related Provisions (16 p.)
Paul, Weiss - Summary (long web page)
Securites and Exchange Commission - Public Comments on SEC Initiatives to Act
Skadden Arps - Commentary and Insights (194 p.) - Other Commentaries
Steptoe & Johnson - Summary (24 p.)
U.S. House Financial Services Committee - Brief Summary & Conference Documents
U.S. Senate Banking Committee - Brief Summary (16 p.)
Vedder Price - Summary (long web page)
Wikipedia - Summary (long web page)