Dodd Frank Act:

-2010
-response to the Great Recession
Basel 3
-part of the continuous effort made by the Basel Committee on Banking Supervisio
n to enhance the banking regulatory framework
-seeks to improve the banking sector's ability to deal with financial and econom
ic stress, improve risk management and strengthen the banks' transparency
-to foster greater resilience at the individual bank level in order to reduce th
e risk of system wide shocks

Glass-Steagall Act of 1933:

-a "wall of separation" between banks and brokerages

Volcker rule
-it establishes stringent rules against banks using their own money to make risk
y investments
Qns:
w.r.t Basel3:
-what are system wide shcks
-how can resilience be fostered at the individual bank levels?

Few qns:
-do fin markets affect liquidity and i, differently than the banking system?
-What are Savings and loan associations and credit unions? Are they part of the
banking system or non banking system?
-more clarity on future markets
-