11/17/2011

Jesse Eisinger writes that derivatives-market regulators have been forced by the architects of the Dodd-Frank Act to draft numerous arcane rules that might or might not reduce financial risk. Rather than breaking up financial institutions seen as being "too big to fail," lawmakers are forcing regulators to implement work-around rules, which lead to uncertainty, questions and, likely, unintended consequences, Eisinger writes.

Full Story:
ProPublica

Related Summaries