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Expert Analysis

Here Comes The Rule-Making Revolution

Law360, New York (March 9, 2017, 11:36 AM EST) -- The business of agency rule-making — a significant source of the regulatory burden that financial institutions bear — is about to undergo a significant makeover given the convergence of parallel efforts by the executive and legislative branches of the government. This new rule-making culture should slow the trend that seems to default to lengthy, complicated regulations as a proxy for safe and sound operation. The 70-year old Administrative Procedure Act could surely use some modernization to better reflect the current business and economic environment....

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