Financial Reform: Learn More About How the Law Will Affect You

July 22, 2010 — -- On Wednesday, President Barack Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Click HERE to read an exclusive interview with President Obama about the new law.

Click HERE to read the full transcript of the story.

Here are more details about the Consumer Protection provisions of the Wall Street Reform and Consumer Protection Act of 2010:

Stockbrokers will likely be required to act in the clients' best interest instead of their own. Currently this "fiduciary" standard applies to registered investment advisers but not to brokers who are salespeople but who often give investment advice.