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Dodd-Frank: What About Leasing?

Part Two of a Two-Part Article

Part One of this two-part article provided an overview of the Dodd-Frank Wall Street Reform and Consumer Protection Act (P.L. 111-203, codified at 12 U.S.C. 5301), better known simply as “Dodd-Frank,” which became effective on July 21, 2010. The Act is expected to have broad and deep implications for all sectors of the U.S. financial industry and marketplace, from securities to real estate to credit cards to banking, and to have long-term consequences for the equipment leasing and finance industry and for leasing counsel. This second installment discusses in detail those provisions of Dodd-Frank, among many others, which may have the most immediate and greatest impact on U.S. equipment leasing and finance companies.

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