Analysis: Basel III represents regulatory difficulties

01/3/2013 | Bloomberg

As governments propped up ailing banks during the past five years, regulating the industry became increasingly more complex. The EU and the U.S. each drafted 700-page proposals for Basel III rules. In addition, the U.S. created the Dodd-Frank Act, which the Securities Industry and Financial Markets Association says will end up being 29,000 pages of regulations.

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