kaal:claim:1558614-037

The Dodd-Frank Act is notable for what it omits: it does not break up the largest banks, does little to help smaller and regional banks compete, and because compliance is burdensome and expensive may actually have raised the barrier to entry into financial services.

It does little to help smaller and regional banks compete with the big banks. Because complying with regulation is burdensome and expensive, the Act may have raised the barrier for entry into the financial services industry.

Painter and Kaal, Initial Reflections on an Evolving Standard Constraints on Risk Taking by Directors and Officers in (2010), IV.D. Other Recent Developments, p. 52
https://ssrn.com/abstract=1558614 · source PDF

Painter and Kaal, Initial Reflections on an Evolving Standard Constraints on Risk Taking by Directors and Officers in (2010). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1558614

failuresupport: arguedfailure: reform entrenches incumbentsfamily: regulatory-capture-and-incumbent-advantagesystemic-riskeconomics

• generalizes kaal:claim:2732915-038 The long-term effect of the Dodd-Frank Act on the private investment fund industry is likely to be characteriz...
• supported_by kaal:claim:2389423-004 Before Title IV, launching a hedge fund could be accomplished by raising roughly $25 to $50 million, whereas a...
• supported_by kaal:claim:2389423-003 Anecdotal evidence suggests that Title IV of the Dodd-Frank Act more than doubled the market entry threshold r...

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