Former SEC Commissioner: Dodd-Frank Reforms Far Too Weak

By Barry Ritholtz - February 21st, 2012, 4:50PM

Roberta Karmel, Professor at Brooklyn Law School, talks with Bloomberg Law’s Lee Pacchia about her thoughts on how to reform the financial industry. Professor Karmel has recently called for reforms such as breaking up the large American banks and combining the Securities Exchange Commission with the Commodity Futures Trading Commission. Professor Karmel previously served as a Commissioner for the SEC.

Feb. 21 2012 (Bloomberg Law)

PERMALINK
Category: Bailouts, Regulation, Video.

Comments

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

One Response to “Former SEC Commissioner: Dodd-Frank Reforms Far Too Weak”

REinZG Says:
February 21st, 2012 at 11:07 pm
Ask your local small banker about dodd-frank….they are choked by it…all this takes is a congressman to initiate a bill that revises the long arm. It unforunately this ACT is too big a blanket that reaches too deep in the banking system that hurts the small community bankers…

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