No law passed by Congress is perfect, and the evidence is clear that the Dodd-Frank Act requires some tweaking to make it work better. As a result of Dodd-Frank's mortgage rules, many community banks are getting out of the home loan business altogether
In response to the disagreement amongst courts regarding the scope of Dodd-Frank's employment retaliation protections, on August 4, 2015, the SEC issued an "interpretive rule" clarifying that individuals who have not reported alleged misconduct to the
July 21, 2015 marked the 5th anniversary of President Obama signing the Dodd-Frank Act into law. Even though the Act is more than 800 pages in length, it is the Act's 390 rulemaking requirements and the 307 proposed and
The Florida senator then went on to say that "over 40 percent of small and midsize banks that loan money to small businesses have been wiped out since Dodd-Frank has passed." President Barack Obama signed the legislation on July 21, 2010. At that time
The House Financial Services Committee held a full committee hearing Tuesday to examine America's economic prosperity in the five years since the Dodd-Frank Act became law. It was the latest in a series focused on the