Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

Dodd-Frank: Title XV - Miscellaneous Provisions

Read a random definition: fingerprint claim

A quick definition of Dodd-Frank: Title XV - Miscellaneous Provisions:

Dodd-Frank: Title XV - Miscellaneous Provisions

Title XV of the Dodd-Frank Act contains seven miscellaneous provisions. It restricts the ability of the United States’ Executive Director at the International Monetary Fund to approve loans to foreign countries that are unlikely to be repaid in full. It also imposes additional disclosure requirements on individuals selling products containing conflict minerals from the Democratic Republic of Congo or surrounding areas, securities issuers engaged in the commercial development of oil, natural gas or minerals, and mine operators. Additionally, Title XV directs the Comptroller General of the United States and the Federal Deposit Insurance Corporation to conduct studies and issue reports to Congress within one year of the Title’s enactment.

A more thorough explanation:

Definition: Title XV is a section of the Dodd-Frank Wall Street Reform and Consumer Protection Act that contains seven miscellaneous provisions. These provisions include restrictions on loans made by the United States' Executive Director at the International Monetary Fund, additional disclosure requirements for individuals selling products containing conflict minerals, securities issuers engaged in the commercial development of oil, natural gas, or minerals, and mine operators. Title XV also requires the Comptroller General of the United States and the Federal Deposit Insurance Corporation to conduct studies and issue reports to Congress within one year of the Title's enactment.

One example of a provision in Title XV is the restriction on loans made by the United States' Executive Director at the International Monetary Fund. If a loan proposal is unlikely to be repaid in full, the Executive Director must oppose the proposal. This protects United States taxpayers by ensuring that their money is not used for excessive subsidies to foreign governments.

Another example is the additional disclosure requirements for securities issuers engaged in the commercial development of oil, natural gas, or minerals. These issuers must disclose certain payments made to the United States or foreign governments in an annual report. This promotes transparency and accountability in the industry.

A third example is the requirement for mine operators to disclose information about violations of health and safety standards in annual reports filed with the Securities & Exchange Commission. This information must include the total number of violations and citations received, as well as the total number of mining-related fatalities. This promotes safety in the industry and allows investors to make informed decisions.

Title XV of the Dodd-Frank Act contains several provisions that aim to promote transparency, accountability, and safety in various industries. The examples provided illustrate how these provisions work in practice. The restriction on loans made by the United States' Executive Director at the International Monetary Fund ensures that taxpayer dollars are not used for excessive subsidies to foreign governments. The additional disclosure requirements for securities issuers and mine operators promote transparency and accountability in these industries. By requiring mine operators to disclose information about violations of health and safety standards, investors can make informed decisions and promote safety in the industry.

Dodd-Frank: Title XIV - Mortgage Reform and Anti-Predatory Lending Act | Dodd-Frank: Title XVI - Section 1256 Contracts

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
LSD+ is ad-free, with DMs, discounts, case briefs & more.