The Sun Never Sets On Dodd-Frank

Law360, New York (April 25, 2012, 4:15 PM EDT) -- When Dodd-Frank (more formally, the Wall Street Reform and Consumer Protection Act) was adopted, the legislation was advertised as a legal blueprint that, although proudly stamped "Made in America," would serve as a light of financial safety as to derivatives, bank activities and like matters for the entire world. The global commercial and financial community was assured that a cooperative, consistent and rational scheme of regulation would be adopted in financial capitals across the world, from Afghanistan to Zimbabwe, all based closely (maybe even word-for-word!) on...
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