# Dodd-Frank Act

*Regulation & Compliance — Finicade finance glossary*

Dodd-Frank was the 2010 US response to the financial crisis: central clearing, the Volcker Rule, living wills, stress testing and the CFPB.

Dodd-Frank was the 2010 US response to the financial crisis: central clearing for standardised derivatives, the Volcker Rule, living wills for large banks, stress testing, and the creation of the CFPB. It's the most substantial financial regulation since the 1930s and has been partially rolled back for mid-sized banks — a change often cited after the 2023 regional bank failures.

**Also known as:** Dodd-Frank, Wall Street Reform Act

**Related terms:** [Volcker Rule](https://finicade.com/glossary/volcker-rule), [Consumer Financial Protection Bureau](https://finicade.com/glossary/consumer-financial-protection-bureau), [Living Will](https://finicade.com/glossary/living-will), [Clearing House](https://finicade.com/glossary/clearing-house), [Systemic Risk](https://finicade.com/glossary/systemic-risk)

Source: https://finicade.com/glossary/dodd-frank-act