TITLE

Dodd-Frank Bill Fails to Address Some Basic Issues

AUTHOR(S)
Nicholas, Michael
PUB. DATE
August 2010
SOURCE
Bond Buyer;8/9/2010, Vol. 373 Issue 33363, p29
SOURCE TYPE
Trade Publication
DOC. TYPE
Opinion
ABSTRACT
In this article, the author discusses the move of the U.S. Congress to pass the Dodd-Frank Wall Street Reform and Consumer Protection Act that introduces some changes to the country's financial system. He argues that the legislation does not address some significant issues including the level of capital and the limitation on leverage for largest firms. He also contends that the provisions in the Dodd-Frank bill are only applicable to the largest banks, as well as to nonbank financial companies.
ACCESSION #
52981163

 

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