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#1926278 - 05/23/14 04:57 PM Repeal of Dodd Frank?
leo_bsayer Offline
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Recently, a colleague informed me that in a banking seminar, the instructor spoke repeatedly about the repeal of Dodd Frank, and that they felt certain that it was going to happen, based on recent happenings in legislature. Now... I know lots of bankers that wouldn't mind a repeal, but I have heard no official grumblings from Congress regarding an appeal. Is there any merit to this rumor, or is it just wishful thinking?

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#1926291 - 05/23/14 05:20 PM Re: Repeal of Dodd Frank? leo_bsayer
Lestie G Offline

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I think it's some major wishful thinking. I haven't heard or read anything credible about this even being discussed in Washington.
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#1926313 - 05/23/14 05:48 PM Re: Repeal of Dodd Frank? leo_bsayer
rlcarey Online
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Sounds like they were confusing it with Obamacare smile
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#1926377 - 05/23/14 07:14 PM Re: Repeal of Dodd Frank? leo_bsayer
John Burnett Offline
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I wonder if the seminar was held in Colorado, Dude.
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#1926490 - 05/27/14 12:42 PM Re: Repeal of Dodd Frank? John Burnett
Sinatra Fan Offline
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grin
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#1926498 - 05/27/14 01:30 PM Re: Repeal of Dodd Frank? leo_bsayer
RR Joker Offline
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The owner of this bank has had colleagues (mostly lawyers) say the same thing....and is pretty convinced.

It makes my life so much harder! crazy
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#1926606 - 05/27/14 03:44 PM Re: Repeal of Dodd Frank? leo_bsayer
Dazed Auditor Offline
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A colleague of mine went to a seminar recently and the speaker indicated we are one election cycle away from regulatory relief. There is a lot of wishful thinking going on out there.
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#1926728 - 05/27/14 06:05 PM Re: Repeal of Dodd Frank? leo_bsayer
John Burnett Offline
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There are a number of regulatory relief initiatives "out there." Whether any of them will be successful is anyone's guess. But I don't for a minute believe we'll see anything approaching a repeal of Dodd-Frank.
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#1926996 - 05/28/14 02:40 PM Re: Repeal of Dodd Frank? Dazed Auditor
Pale Rider Offline
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under the Lone Star
Originally Posted By: Dazed Auditor
A colleague of mine went to a seminar recently and the speaker indicated we are one election cycle away from regulatory relief. There is a lot of wishful thinking going on out there.


As my dear grandmother used to say, wishes in one hand and XXXX in the other.....

With the gridlock in Washington continuing, nothing meaningful can be accomplished.
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#1930917 - 06/10/14 12:54 PM Re: Repeal of Dodd Frank? Pale Rider
YosemiteSamIAm Offline
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Guess
Originally Posted By: Pale Rider
Originally Posted By: Dazed Auditor
A colleague of mine went to a seminar recently and the speaker indicated we are one election cycle away from regulatory relief. There is a lot of wishful thinking going on out there.


As my dear grandmother used to say, wishes in one hand and XXXX in the other.....

With the gridlock in Washington continuing, nothing meaningful can be accomplished.

Just remember Pale, it was with "gridlock in Washington" in place at the time that this handful of XXXX got passed in the first place... grin
Last edited by YosemiteSamIAm; 06/10/14 12:55 PM.
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#1943380 - 07/21/14 03:44 PM Re: Repeal of Dodd Frank? leo_bsayer
Pale Rider Offline
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under the Lone Star
here is an interesting take on the results of this legislation so far....

compliance folk - it's their fault!

http://www.newsmax.com/US/Dodd-Frank-financial-regulation/2014/07/21/id/583798/
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#1943390 - 07/21/14 03:49 PM Re: Repeal of Dodd Frank? leo_bsayer
JWills, CRCM Offline
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The Mitten State
what a cluster this has become!
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#1944446 - 07/23/14 01:48 PM Re: Repeal of Dodd Frank? leo_bsayer
YosemiteSamIAm Offline
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Guess
3,000 more Compliance Officers at JP Morgan Chase for a total of 10,000 Compliance Officers at that institution?! shocked I don't believe it...not to point any fingers back at myself, but where will they find 3,000 more people who are dumb enough to decide to become Compliance Officers in this day and age...? laugh
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#1945291 - 07/24/14 05:02 PM Re: Repeal of Dodd Frank? leo_bsayer
HDavidson Offline
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Posts: 33
where the green grass shows
Mexico....

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