What’s Wrong With Dodd-Frank?
What’s wrong with Dodd-Frank? Lots. It started well enough, with a laudable goal to reform the financial markets to make the next global financial crisis less likely [some people have used the term “prevent” – good luck!]. Unfortunately, before prescribing the cure, there was precious little attention paid to diagnosing the specific causes. The result is an over ambitious 800 page tome designed by its authors to solve every problem
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