NEW YORK, March 28, 2011 /PRNewswire/ — InformationWeek Financial Services, the leading media outlet focused on helping senior executives in banking, capital markets and insurance navigate the fast-changing world of financial services IT, has released the industry’s first Cheat Sheet for the Dodd-Frank Wall Street Reform and Consumer Protection Act.
The Dodd-Frank Cheat Sheet, developed by the editors of Bank Systems & Technology, Wall Street & Technology, Advanced Trading and Insurance & Technology, provides financial services professionals with an easy-to-read synopsis of the new law’s rules and definitions. Coming in at just under 40 pages, the Dodd-Frank Cheat Sheet provides layman’s definitions of the rules, outlines the law’s impact on technology organizations and highlights key deadlines. The Cheat Sheet isn’t a substitute for reading the entire 1,000 pages of the original legislation, but it will help financial professionals get their minds around Dodd-Frank.
“Dodd-Frank touches on virtually every part of the financial services business,” says Greg MacSweeney, Editorial Director for InformationWeek Financial Services. “The law contains new rules for derivatives clearing, mortgages, executive compensation, credit cards, proprietary trading, consumer protections and more. Technology leaders and their IT organizations will certainly be pressed to help the business comply with the law and they will be tasked with launching new technology accordingly.”
The InformationWeek Financial Services Dodd-Frank Cheat Sheet is available for download, free of charge, to all subscribers at www.banktech.com/dodd-frank.