美国金融监管改革的最新进展

Recent developments of US financial regulatory reform

美国金融监管改革将对未来全球金融监管体系产生重要影响。文章跟踪研究了《多德一弗兰克法案》在实施监管机构职能协调、宏观审慎监管标准、场外衍生品市场监管、评级机构监管、金融消费者保护等法案重要方面取得的进展，梳理提炼了法案实施至今提出的主要改革内容，评价了银行业、大型金融机构、影子银行体系和金融体系方面取得的改革效果，并汇总分析了相关改革趋向。

America＇s financial regulatory reform will exert a significant impact on global financial regulatory system in future. The paper tracks the progress of Dodd-Frank Act made in some major aspects such as coordination among regulatory authorities, macro-prudential progress standards, OTC derivatives market regulation, rating agency regulation and consumer financial protection. It summarizes the main reforms put forward since the implementation of the Act, evaluates the reform effects in banking industry, large financial institutions, shadow banking system and financia~ system, and makes a comprehensive analysis on the reform trend.