Busy June Shows Dodd-Frank's Benefits And Costs

Law360, New York (July 1, 2016, 7:21 PM EDT) -- June’s final week gave Dodd-Frank Act supporters a chance to crow as big banks survived the sudden shock of the British vote to leave the European Union and GE Capital exited enhanced supervision, but financial experts worry that the law is causing harm as well.

Along with the Brexit vote and the removal of GE Capital’s designation as a systemically important financial institution, the Federal Reserve released two rounds of stress tests showing that the biggest U.S. banks had upped their highest-quality capital level by $700...
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