07/18/2009 05:12 am ET | Updated May 25, 2011

Obama's Financial Reforms: 5 Things You Need To Know (SLIDESHOW)

President Barack Obama announced sweeping new reforms for the financial industry today. The announcement had long-been anticipated by Wall Street and Capitol Hill, but the details are still quite up in the air.

That said, we've compiled five key things you need to know about Obama's plans for Wall Street. Check out our story on the Obama administration's proposed reforms, or view our SLIDE SHOW below:

Obama's Wall Street Reforms: 5 Things You Need To Know

Get HuffPost Business On Facebook and Twitter!