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Riski is a open source project to draw together many resources which relate to the regulation of financial markets by the 111th and 112th Congress as a result of the worst "global financial crisis" in 80 years. Index of topic pages here.

Contents

Systemic lawmaking

Congress has written new law on many issues related to the financial system and markets.

Important topics -

See more topics in systemic lawmaking.

Regulatory rulewriting

Upon final passage Congress will be tasking 11 regulators to make 243 rulemakings, 67 studies and 22 new periodic reports under the Dodd-Frank Act.

Financial reform legislation

Finalized conference text

On June 25, 2010 the Conference Committee completed the merger of the House and Senate versions of the Wall Street Reform Act.

On July 15, 2010 the final Conference text was approved by a vote of the Senate.

On July 21, 2010 President Obama signed the legislation into law.


Senate texts
House texts

The Wall Street Reform and Consumer Protection Act of 2009 passed the House on Dec 11 by 223-202.

House versus Senate

Congressional oversight

The House of Representatives Oversight and Reform Committee, the Financial Crisis Inquiry Commission, the GAO, the Congressional Oversight Panel and SIGTARP have undertaken reviews and investigation of the financial crisis and the use of public funds in the bailout.

See oversight efforts for AIG, Goldman Sachs, high frequency trading, Lehman and repo.

See more topics in Congressional oversight.

Riski's purpose

Fair, stable and transparent financial markets and system are cornerstones for democracy. The credit crisis of 2007-2009 has highlighted the need to reform the regulation of our financial system to reduce systemic risk and more effectively protect investors. The authority and reach of our financial regulators is being revamped. And our nation's relation to politically empowered global agencies is being revised.

Confidence and trust in the financial system, by the people, can be developed by opening the lawmaking process to input and scrutiny.

Riski was developed as an open platform for legislators, market participants, financial technology experts, regulators, lobbyists, academics and the media to contribute to a body of knowledge about these important topics.

We recognize that various parties have points of view which may conflict and believe that exposing information to "sunlight" and public exposure will help bring common interests to the surface.

We encourage you to add or edit content on this site if you are knowledgeable.

Please include citations and/or references for all content where possible.

Riski is hosted by Freerisk.

For further information please contact Cate Long

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