What Does the Regulatory Scheme for Financial Services Look Like?

This:

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SEC Commissioner Daniel M. Gallagher drew this picture of the new rules applicable to U.S. financial services holding companies since Dodd-Frank.

“The stakes here are considerable: regulatory burdens divert capital away from the real economy—this acts as a barrier to entry for new market participants and further entrenches those institutions that are increasingly ‘too big to fail.'”

Sources:

• Statement on the Aggregate Impact of Financial Services Regulations