State Comptroller Thomas P. DiNapoli
Statement on Financial Regulation Bill Signing
“The Wall Street Reform and Consumer Protection Act restores investor confidence in the markets and brings greater stability to Wall Street. Congress crafted a bill that improves transparency and risk management and takes taxpayers off the hook if big banks fail.
“The Act also ensures that consumers are protected from unethical lending practices. President Obama’s leadership will result in a healthier, more sustainable Wall Street.”