Disenchantment with the Dodd-Frank Act seems to be in the air these days. Last week I wrote about executives in the energy sector grumbling over Dodd-Frank compliance. This week the banking sector gets its turn.
The latest round of nay-saying happened earlier this month when I moderated a forum for compliance officers at various Wall Street firms, hosted in New York by Wipro Technologies. Many of those in attendance also brought along compatriots in their IT departments or straddled the IT-compliance border themselves, so they know the paralysis surrounding Dodd-Frank compliance firsthand.
