Small Banks Slam 'One Size Fits All' Dodd-Frank Regs

By Daniel Wilson (September 16, 2014, 5:47 PM EDT) -- Community bank and credit union representatives urged Senate lawmakers Tuesday to help ease their regulatory burdens, saying they've been unfairly caught up in "one size fits all" Dodd-Frank Act rules designed to curb the risky practices of larger institutions.

Speaking a hearing before the Senate Banking, Housing and Urban Affairs Committee, the representatives — variously from the American Bankers Association, the Independent Community Bankers of America and two credit union industry groups — said that the collective effect of dozens of new regulations under Dodd-Frank have unfairly impacted smaller financial institutions, despite the financial reform law's intent to help curb risky...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!