As well as writing pages of new rules, the Dodd-Frank Act is also slicing, dicing and adding areas of supervision to the responsibilities of existing regulators. It is also creating new watchdogs in the far-reaching overhaul of US financial markets. Financial News highlights some of these using analysis by law firm Skadden, Arps, Slate, Meagher & Flom.

• Orderly liquidation authority: Federal Deposit Insurance Corporation