Quote of the Day - The (next) government does not on its own cut spending and introduce reforms, the market will force it to do so. - Gyorgy Barcza
Obama's Financial Reform Bill: Boon Or Bust?
President Obama recently signed into law the Restoring American Financial Stability Act of 2010, better known as the Financial Reform Bill. This new legislation is aimed to crack down on the excesses of Wall Street and corporate America by overhauling banking and Wall Street regulations. Please join me and my fellow attorney and co-host Bob Ambrogi as we welcome Attorney Martin E. Lybecker, a partner in Wilmer Hale's Regulatory and Government Affairs and Securities Departments, to discuss the latest on this legislation. We look at the new financial reform law, the role of the Consumer Financial Protection Bureau and how this new legislation impacts the banking industry, businesses, law firms' workload and consumers.