Dodd-Frank Wall Street Reform and Consumer Protection Act: Application to Public Companies

July 15, 2010
The U.S. Senate approved today the Dodd-Frank Wall Street Reform and Consumer Protection Act, the financial reform legislation that addresses various aspects of the U.S. financial regulatory system. While the Act is largely focused on the regulation of banks and the financial services industry, certain provisions of the Act apply generally to publicly-traded companies and modify the regulation of corporate governance, executive compensation, and related disclosure obligations. This update provides a brief summary of these provisions.