ASSOCIATION
Dodd-Frank Fin Reg

Dodd-Frank Fin Reg causes many problems, and some opportunities too.

Robert Green wrote several blogs against the Dodd-Frank Fin Reg bill. He tried to stop this bill during its conception and deliberations in Congress, and has tried to influence regulators after passage. It's a 2,300 page bill and the media has not focused on many areas yet. The shotgun deadline for retail forex trading and its regulation is one such problem. Most pundits agree that final rules will be more a function of regulators' interpretations of the legislative language, which many claim is fuzzy on many points. So the devil is in the details. ItÕs our job to weigh in on points that affect traders and try to influence the regulators, as well as the media and Congress in case some of this can be fixed with the next Congress.

Dodd-Frank's important Volcker Rule forces many banks to divest their proprietary trading businesses and also most of their alternative investment businesses (restricted to 3 percent of Tier 1 capital). These dislocations provide investment-management business entrepreneurs with new opportunities to recruit top traders and investors, and spin off these highly profitable businesses to management (themselves leaving the bank).

Robert Green has written many blogs on the FTT.
Click here to see the Dodd-Frank Fin Reg Bill section of our blog.
Robert has several Forbes blog versions of these blog articles too.

Robert Green covered Dodd-Frank Fin Reg Bill often on his podcasts.
Click here to find 2010 Q1, Q2 and Q3 podcast archives.