Deregulation Hopes Rise In U.S. but Europe Remains UnclearBala Murali Krishna
Deregulation to make a return under Trump?
In nearly a decade since the Global Financial Crisis, much of the regulatory landscape has changed. The U.S. passed the Dodd-Frank Act while the EU enacted over 40 different laws to tighten regulations. Still, the process is vast – the Dodd-Frank act contains 2,300 pages – and several details remain to be worked out on top of broader laws.
Consequently, many pieces of the regulatory puzzle still remain in the pipeline – with huge consequences. For example, about $850 billion exited Prime . . .
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