Compliance, Legislative & Regulatory Standards

Dodd-Frank Act (2020)


This eCourse consists of two modules on the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). The Dodd-Frank Act was enacted in the wake of the global financial crisis to update and reform US financial regulation. The wide-ranging legislation affects almost all aspects of the US financial system, imposing new obligations on financial market participants and expanding the powers of regulators. In the period since its implementation, the Dodd-Frank Act has been subject to various revisions and updates.

Module 1 provides a high-level overview of the Dodd-Frank Act and highlights its impact on important aspects of the US financial system.

Module 2 provides a high-level overview of the Volcker Rule and its applications to different types of financial institutions. The Volcker Rule places limits on banks’ ability to engage in proprietary trading and to invest in and sponsor private equity and hedge funds. Today, the Volcker Rule has a range of complex implications for banks and many nonbank financial companies.


On completion of this course, you will be able to:
- List the 16 titles of the Dodd-Frank Act
- Identify the Dodd-Frank Act’s impact on bank regulation, derivatives markets, corporate governance, securitization, insurance, and other areas of the financial system
- Define the Volcker Rule’s prohibition on proprietary trading and list its limitations and exclusions
- Define the Volcker Rule’s prohibition on covered fund ownership and sponsorship and name its limitations and exclusions
- Recall the compliance requirements of the Volcker Rule and their application to different types of institutions

Content Highlight

Module 1: Dodd-Frank Act
Topic 1: Overview
Topic 2: Key Areas of Reform

Module 2: Volcker Rule
Topic 1: Volcker Rule Overview
Topic 2: Proprietary Trading
Topic 3: Covered Funds
Topic 4: Compliance

Administrative Details

Relevant Subject
Regulatory Compliance
SFC:1.50, PWMA:1.50
All Member: HKD425
Non-Member: HKD630
Staff of Corporate Member: HKD425