Will Dodd-Frank Act Reform Be a Boon or Bust for Risk Managers?
- Clifford Rossi
- Jul 26, 2017
- 1 min read
The regulatory legacy of the financial crisis; namely the Dodd-Frank Act sought to restrain excessive risk-taking but in the process sparked controversy over its contribution to bank regulatory burden and lending activity. Like or nor not, the Dodd-Frank Act materially affected the role of risk management and its activities in the post-crisis environment. Potential changes to DFA would likewise have significant ramifications for risk managers requiring close monitoring as legislative wrangling on financial reform unfolds.