Dodd-Frank May Have Stabilized Biggest Banks, GAO Says

Law360, New York (December 19, 2012, 7:03 PM EST) -- Federal regulators need to do more cost-benefit analyses of their Dodd-Frank rules, but banks appear to have increased liquidity and decreased their leverage since financial reforms went into effect, the U.S. Government Accountability Office said Tuesday in its annual review of Dodd-Frank rulemaking. 

The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 required the GAO to analyze annually the effect of rules implemented as part of the legislation. The GAO warned that Dodd-Frank's full impact is still far from certain, pointing out that as...
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