"This new law is an important first step toward common-sense reform of our financial markets. But if the meltdown taught us anything, it taught us that big banks and Wall Street investors exist to generate profits for investors and not to protect consumers. It is the job of Congress to remain vigilant on behalf of the American people."  Bemidji Pioneer

"The law is going to be much stronger with the new bill. I'm itching to use the authority. This new disruptive practices (authority) will allow us to go after trading that can disrupt and contort markets."  Commodities Now

"This legislation will help protect the hard work, the savings and the dreams of the American people. Honest savers, borrowers and investors deserve a regulatory system suited to demands of modern times, where dangerous regulatory gaps are closed, where large institutions are subject to capital requirements, and where risky transactions are identified and controlled before they pose a threat to the economy as a whole."  Bangor Daily News

"Indeed, this legislation, which guarantees transparency and accountability and provides vital protections for small businesses and Americans on Main Street from the greedy and reckless Wall Street practices that contributed to this epic economic downturn, will finally empower the federal government with the tools it needs to ensure the failure of a single private institution will not wreak havoc on the world’s financial system and drive the economy into recession."  Bangor Daily News

"The Senate finally acted in bipartisan fashion to … ensure the continued safety and soundness of the American financial regulatory system."  Bangor Daily News

"The Wall Street reform bill will – for the first time – bring comprehensive regulation to the over-the-counter derivatives marketplace. Derivatives dealers will be subject to robust oversight. Standardized derivatives will be required to trade on open platforms and be submitted for clearing to central counterparties. The Commission looks forward to implementing the Dodd-Frank bill to lower risk, promote transparency and protect the American public."  Exchange News Direct

"Soon after taking office, I proposed a set of reforms to empower consumers and investors, to bring the shadowy deals that caused this crisis into the light of day, and to put a stop to taxpayer bailouts once and for all. Today, those reforms will become the law of the land."  Washington Post

"For years, our financial sector was governed by antiquated and poorly enforced rules that allowed some to game the system and take risks that endangered the entire economy."  Washington Post

"All told, these reforms represent the strongest consumer financial protections in history. And these protections will be enforced by a new consumer watchdog with just one job: looking out for people – not big banks, not lenders, not investment houses."  Associated Press

"It gives us the transparency, tools and teeth we need to better regulate the markets we already oversee and to bring light to the more than $600 trillion over-the-counter markets which are currently unregulated."  McClatchy Newspapers