A wave of retrospection regarding the Dodd-Frank legislation rolled through the press late last summer. Although articles and opinion pieces marking the occasion of Dodd-Frank’s fourth anniversary looked back with a critical eye, this article is the first in a series of three that look forward. We start our series with the principal success of financial regulatory reform since the financial crisis of 2007-2009. Dodd-Frank is a touchstone for this discussion, but we also take up other important initiatives, such as those related to Wall Street’s continued reliance on various forms of short-term funding.
Banking & Financial Services Policy Report
Financial Regulatory Reform: Key Changes That Reduced Systemic Risk