Cost-Benefit Analysis Puts the Brakes on Dodd-Frank
By Steven Sloan – May 7, 2012 11:18 AM ET
Business lobbyists and Republican lawmakers who failed to stop the Dodd-Frank Act from becoming law have managed to put the brakes on many of its provisions a second way: cost-benefit analysis.
A series of legal challenges from business groups against the U.S. Securities and Exchange Commission ended in a federal court ruling last year that the agency didn’t adequately analyze the cost of a new rule. In the months since, SEC rulemaking has ground to a near-halt, with just 24 agency economists working full-time to provide analyses for dozens of proposed policies, including 28 unfinished Dodd-Frank rules.
https://www.bloomberg.com/news/2012-05-07/cost-benefit-analysis-puts-the-brakes-on-dodd-frank.htm
