securities

Dividends are the payment of a corporation's profits to its shareholders. Payment of dividends are not mandatory; rather, the board of directors may use its discretion to decide whether to invest the company's profits back into the company pay them out in dividends.

This series was originally prepared by Heather Byrne, Jennifer Uren, and Jackeline Solivan of the Cornell Law School Securities Law Clinic.

Title I – Financial Stability 

Title II – Orderly Liquidation Authority 

Terms Defined within the Dodd-Frank Act

Title I:

• Financial Institution: 12 U.S.C. § 5462(5)
• Nonbank Financial Company: 12 U.S.C. § 5311(a)(4)(B)
• Bank Holding Company: 12 U.S.C.

Introduction

Title I expands federal research, evaluation, and oversight of large financial institutions in order to find efficient ways to manage risks to the financial stability of the United States.

Introduction

Title II, the Orderly Liquidation provision of the Dodd-Frank Act, provides a process to quickly and efficiently liquidate a large, complex financial company that is close to failing.  Title II provides an alternative to bankruptcy, in which the Federal Deposit Insurance Corporation (FDIC) is appointed as a receiver to carry out the liquidation and wind-up of the company.  The FDIC is given certain powers as receiver, and a t

Introduction

Title III streamlines the supervision of depository institutions and their holding companies by abolishing the Office of Thrift Supervision (OTS) and transferring its regulatory and rulemaking authority to the Office of the Comptroller of the Currency (OCC), Federal Deposit Insurance Corporation (FDIC), and Board of Governors of the Federal Reserve System (Federal Reserve).  Title III also reforms federal deposit i

Introduction

Title IV clarifies the registration and record-keeping requirements for covered investment advisers to provide the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) with information necessary to evaluate systemic risk of these private funds.

Introduction

Increasing Investor Protection

Sections 911, 915 and 919D amend the Securities Exchange Act of 1934 by creating an Investor Advisory Committee (IAC), an Office of the Investor Advocate (OIA) and an ombudsman appointed by the Investor Advocate.

Introduction

The insurance sector is primarily regulated at the state level by individual state agencies. Title V of the Dodd-Frank Act establishes a Federal Insurance Office (FIO) within the Department of the Treasury to promote national coordination in the insurance sector.