Title VII provides a framework for the regulation of swap markets, which were largely responsible for the 2008 financial crisis. Section 4.2 states that the OCC supervises and regulates national banks and Federal branches and agencies of foreign banks.Title VII of the Dodd-Frank Act contains the US framework regulating OTC derivatives (swaps), including its G20 commitments for the reporting, clearing and. On July 21,2010, President Obama signed the DoddFrank Wall Street Reform and. Consumer Protection Act (the "Dodd-Frank Act"). 1. The G20 countries committed to reducing systemic, counterparty and operational risk and increasing transparency in the OTC derivatives market. Previous research uses within–Democratic Republic of the Congo (DRC) variation in the location of mineral mines to identify the act's effect on conflict. Frank mandates central clearing of certain types of swaps contracts, and in May 2013 the Commodity Futures Trading Commission. DODD-FRANK WALL STREET REFORM AND CONSUMER. Another House version of Title VII of the Dodd-Frank Act—the Derivative Markets Transparency and.