What is for consumer in New Financial Reform

New financial reform was signed by president last week. So what is in the 2,300 pages law for us the consumer?  After reading some articles on the web, I wanted to summarize few things that might impact our life the most:

• Keep cash in your wallet - Businesses like coffee shop can impose $10 minimum on swiping your plastic legally now. Congress has allowed them to give discount to cash payers. This will save small business a tons of monthly credit card fees, so expect cheaper coffee and bagel, if you have cash in your wallet. I think, big ticket retail business will also offer discount on cash or bank transfer if paid online. Credit card companies will have to be innovative now.
• New financial regulatory agency for consumer - This sounds like bigger government, but this is essential. The newly setup Consumer Financial Protection Agency or CPFB will be setup soon and armed with power to deal with shady business practices, predatory landing schemes and other abusive  financial product offerings. Bad news - Car dealers have successfully lobbied to keep themselves out of CPFB
• Home loans - a) ARM mortgage customer must get 6 month advance notice for rate renewal. b) IRS reported Income must be documented for home loans. No more stated income loan. Loans will be harder to get for a lot of people. 
• SEC will be more investor friendly - SEC will have more power to oversee brokers, It is expected to be more investor friendly but yet to see.