The Financial Regulatory Reform of the United States and Its Enlightenment to China

In 2010,Obama signed the United States financial reform bill that aimed at addressing the systemic risk in financial market which is exposed in the financial crisis.While continually promoting financial innovation,we should strengthen the supervision of the financial industry for the maximum protection of the interests of investors.The act is a reform bill that has far-reaching influence on financial industry development and the supervision of financial institutions in recent years.It will provide useful reference for China financial market.We not only need to respect the rule of development of the financial market and promote financial innovation,as well as enhance market transparency,but also should do homework in unified supervision,and actively promote the domestic regulatory reform to the international standards.