Dodd-Frank Wall Street
Reform and Consumer Protection Act
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As most of our readers
know, The Dodd-Frank Wall Street Reform and Consumer Protection Act was signed
by President Obama on July 21, 2010. This financial reform will introduce a
myriad of changes to financial regulation, which raises the question: what are
the implications of this act to You?
Many articles have been written, but the three following links provide what CFO
Consulting Partners believes is a comprehensive examination by three
organizations dedicated to the needs of financial and banking executives.
In the opinion of Allan Tepper, Chairman of the Banking Committee of the
NYSSCPAs and co-founder of CFO Consulting Partners LLC, the Act should help
avoid a similar banking crisis, and is thus a net plus to our financial system
and, by extension, to our economy. However, regulations alone cannot replace
the exercise of sound judgment on the part of bank officers whose vision may
sometimes become clouded by the profit motive.
Financial Executives International
The Trusted Professional Professional, a newspaper published by the NYS Society of CPAs
New Jersey Banker Fall 2010 Issue, pg. 20
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Who We Are
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CFO
Consulting Partners LLC is a boutique financial management consulting firm
that specializes in working with small to midsized public and private
companies to provide accounting and risk management services.
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