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Financial Regulation and Legislation in the U.S.: Understanding Key Acts and Their Impact, Slides of Banking and Finance

Explore major financial legislation in the u.s., including the federal reserve act, fdic act, and sec acts. Learn about their aims, the role of the fdic and sec, and the impact of the financial reform of 2008. Understand the importance of risk assessment, disclosure requirements, and consumer protection regulations.

Typology: Slides

2012/2013

Uploaded on 07/29/2013

sathyanarayana
sathyanarayana 🇮🇳

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Financial

Regulation and

Legislation in the

U.S.

Major Financial

Legislation

Federal Reserve System (Fed)

Federal Deposit Insurance Corporation (FDIC)

U.S. Securities and Exchange Commissions (SEC)

Aims

Stabilization and Growth

The Steady Growth High Level of Employment Price Stability

But How?

FDIC

The Federal Deposit Insurance Act of 1950

Mission

Vision

The Investment Company

Act of 1940

·An act of Congress

·United States Public Law

·August 22, 1940

The Investment Adviser Act

of 1940

·United States Federal Law

·Regulate the actions of investment advisors

Late-2000s Recession

Beginning: December 2007, United States

The outbreak of the financial crisis: 2007–

Reckless & Unsustainable lending practices

A drop in international trade

Rising unemployment & Slumping commodity prices

World Map Showing

GDP Real Growth Rates

of 2009

What is the financial

regulation?

Financial regulations are a form of
regulation or supervision, which
subjects financial institution to
certain requirements, aiming to
maintain the integrity of the financial
system.

What is the different part of it?

1.Assessment of Risk Management

Risk assessment is the

determination of quantitative or

qualitative value of risk related to

a concrete situation and a

recognized threat (also called

hazard).

Example

The Sarbanes-Oxley Act of 2002 took
disclosure of information even further by
increasing the incentive to produce
accurate audits of corporate income
statement and balance sheet.
They use mark-to-market Accounting to
achieve that.

before the regulation made…

Before Mark-to-market Accounting, firm relied on traditional historical basis in which the value of an assets was set at its initial purchase price.

The problem with it is that in the value of asset and liability because of change in interest rate or default are not calculate of the firm’s equity capital.