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.