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Bank Chiefs Bring Dodd-Frank Worries To The Fed

Law360, New York (May 2, 2012, 8:21 PM EDT) -- The heads of several major banks on Wednesday had their chance to raise concerns about the effects of several Dodd-Frank Act proposed rules, including stress tests and the ban on proprietary trading, to the Federal Reserve's point man for regulatory reform.

According to minutes released by the Fed, JPMorgan Chase & Co. CEO Jamie Dimon, Goldman Sachs Group Inc. CEO Lloyd Blankfein and Bank of America Corp. CEO Brian Moynihan were among six bank chief executives who sat down with Fed Gov. Daniel K. Tarullo to...
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