Due Diligence

President Signs Wall Street Reform Bill Into Law

President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act at a ceremony in the Reagan building today. (See WSJ story.) Much of the reform effort is now left up to the SEC, which has dozens of studies to complete and actions to take over the next 12 months and beyond.

In the meantime, editors of the Boston University Review of Banking & Financial Law and the Committee for the Fiduciary Standard announced a “Call for Papers” on Wednesday, urging scholars, researchers, practitioners and professionals to aid the regulator in its efforts to study the "fiduciary" issue over the next 6 months, as mandated by the new law.

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