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L. Z. Son, et al., The Explanation of US Dodd-Frank Bill: Lessons and Implications for our Country’s Financial Supervision. Macro Economy Research, 2011-1.

has been cited by the following article:

• TITLE: The Historical Dimension of the US Dodd-Frank Bill and its Implications to the Financial Governance Reform in Emerging Markets

  AUTHORS: Wenzhong Zhu, Shen Rui

  KEYWORDS: Dodd-Frank Bill; Historical Dimension; Implication; Governance; Emerging Market

  JOURNAL NAME: iBusiness, Vol.5 No.3B, November 8, 2013

  ABSTRACT: After about three years of the sub-prime mortgage crisis, the American Congress passed its new financial supervision bill on July 15, 2010, which is called Dodd-Frank Wall Street Reform and Consumer Protection Act. This act was then singed to be in effect by President Obama on July 21. This act is named as the most serious financial supervision act passed ever since the Great Depression in 1933. This paper systematically reviews and analyzes the background, major content, effect, and historical dimension of the bill, and on this basis, it presents some implications to the financial governance reform in emerging markets, such as the maintenance of a proper level of financial deregulation, the protection of interests of financial product consumers, the cultivation of ethical value and social responsibility of financial executives or government leaders, etc.