MONEY: Dodd–Frank Wall Street Reform and Consumer Protection Act is what?

http://goo.gl/UPFV

How Will Financial Reform Affect You?
by Ric Edelman
For Immediate Release
October 29, 2010

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After months of debate, the Dodd–Frank Wall Street Reform and Consumer Protection Act is law — and a long one at that. At more than 2,300 pages, the law requires regulators to create some 240 new rules, conduct 68 studies and issue more than 20 periodic reports. All this will occur over time; in many cases, implementation dates and deadlines are unspecified.

Parts of the law will impact the products and services that are available to you; others are designed to improve the nation’s financial stability. Read on to learn about some of the law’s most important provisions.

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Ric Edelman has a lot of smart people looking into this. It’s going to impact everything. And, I doubt that it will be good. Who know what the “unintended consequences” will be? FYI!

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