Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

Dodd-Frank: Title XV - Miscellaneous Provisions

Read a random definition: MDL

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
HopefullyInLawSchool
16:06
it means you will not be rejected today and may be accepted or WL in the future
Just got my Michigan rejection
BookwormBroker
16:10
same
RoaldDahl
16:10
@HopefullyInLawSchool: what if i already got rejected. does it mean anything
HopefullyInLawSchool
16:12
@RoaldDahl: Likely not however it could mean nothing
RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
Right. Broken links smh
LSD+ is ad-free, with DMs, discounts, case briefs & more.