= Dodd-Frank Act = The '''Dodd-Frank Act''', more formally the '''Dodd–Frank Wall Street Reform and Consumer Protection Act''', rewrote federal financial regulations. <> ---- == Description == The act increased the [[UnitedStates/HousingPolicy/BankingAct|FDIC]] insurance limit to $250,000 per ownership category. ---- == History == [[UnitedStates/BarackObama|Obama]] proposed new regulatory legislation in 2009. It was introduced as a bill by sponsors [[UnitedStates/BarneyFrank|Frank]] and [[UnitedStates/ChrisDodd|Dodd]]. The act was passed and signed into law in July 2010. ---- CategoryRicottone