Regulators To Buckle Down On Dodd-Frank After Obama Win

Law360, New York (November 7, 2012, 7:34 PM EST) -- President Barack Obama's re-election, coupled with victories for key U.S. Senate Democrats on Tuesday, will likely spur financial regulators to take a tougher stance with banks that have long been fighting their efforts to implement the administration's Dodd-Frank Act reforms, experts say.

The financial services industry, and in particular employees at Wall Street banks, donated heavily to Republican candidates including former Massachusetts Gov. Mitt Romney and outgoing Massachusetts Sen. Scott Brown during the 2012 election cycle in hopes of getting a more industry-friendly view in power...
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