The Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Act") is widely considered to be one of the most comprehensive reforms of the U.S. financial industry in decades. Passed earlier this summer, most provisions of the Act relate primarily to banks and the financial regulatory system. While the headlines focus on the financial services industry, public companies in general need to recognize that the new legislation also has a significant impact on corporate governance and executive compensation practices in general. These provisions cut across all industries. This Flash Report is intended to provide a high level overview of certain provisions of the Dodd-Frank Act and its implications for companies.