Kasz216 on 13 November 2011
Well it's not really a surprise. People say Dodd-Frank needs to happen because there aren't enough regulations.
The truth is, there are plenty of regulations.
None of them get enforced though, because all the regulators are just spending their time thinking up new regulations to not enforce.
It's like the new Vockler rule. A lot of people are worried, because it makes our banking system handicapped vs Europe who also said such legislation was needed then decided to move nowhere with it.
I'd be surprised if it's actually enforced though.
