Milken Institute: Misdiagnosis - Incomplete Cures Of Financial Regulatory Failures
US authorities are attempting to improve financial regulation and supervision. Within the structure of the DoddFrank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank), the Treasury Department, Board of Governors of the Federal Reserve system (Federal Reserve), Securities and Exchange Commission (SEC), Federal Deposit Insurance Corporation (FDIC), and other official authorities are seeking both to enhance the stability of the financial system and the efficiency with which it
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