The Dodd-Frank Wall Street Reform and Consumer Protection Act’s stated purpose is
[t]o promote the financial stability of the United States by improving accountability and transparency in the financial system, to end 'too big to fail,' to protect the American taxpayer by ending bailouts, [and] to protect consumers from abusive financial services practices . . .
Section 929P(b) of Dodd-Frank also expands the extraterritorial jurisdiction of the antifraud provisions of the federal securities laws. The Act amends the antifraud provisions of the Securities Act, the Exchange Act and the Investment Advisers Act to confer U.S. courts with jurisdiction over an action or proceeding brought by the SEC or the U.S. involving: