Recent federal legislation has caused retail banks to face unprecedented regulation and compliance requirements. The impact on IT is widespread, and Intel has provided documentation to help users understand the key laws and topics.
Dodd-Frank Wall Street Reform and Consumer Protection Act
The Dodd-Frank bill increases compliance requirements for retail banks and is being called the most important piece of financial legislation since the Glass-Steagall Act in 1933. While the full bill is a must-read for all banks, Intel has provided a much simpler fact sheet to help executives and IT professionals get up to speed on the new requirements.