The plan would require new standards for, and supervision of, U.S. financial institutions. These changes would include granting new supervisory powers to the Federal Reserve, increasing regulation of securities markets, and creating a new Consumer Financial Protections Agency. The full Treasury Department report, Financial Regulatory Reform: A New Foundation, describes all details of the new proposal. You can also find a more condensed version of the proposal in the Executive Summary.
Other online documents about the regulatory proposal include the following fact sheets:
- Requiring Strong Supervision and Regulation of All Financial Firms
- Strengthening Regulation of Core Markets and Market Infrastructure
- Strengthening Consumer Protection
- Providing the Government with Tools to Effectively Manage Financial Crisis
- Improving International Regulatory Standards and Cooperation