Posts tagged with: Wall Street Reform and Consumer Protection Act

Following my blog post and Acton News and Commentary piece “Obama vs. the Catholic Bishops,” I’d like to draw your attention to two Wall Street Journal editorial page articles in today’s edition that also criticize the bishops for their political and economic naivete.

Read more on More on Obamacare and the Catholic Bishops…

Dodd-Frank regulations, originally scheduled to take effect on July 16, are intended to create market stability. Instead, they are doing just the opposite.

Regulations aimed at financial derivatives, incorporated into the Dodd-Frank Wall Street Reform and Consumer Protection Act that was signed into law last July, have recently been rescheduled to take effect on December 31. The regulations are aimed at reducing the risk of derivatives, a contentious issue among those debating the root cause of the financial crisis. A Reuters’ report suggests this legislation will create uncertainty and a legal void for the derivatives market. Fears that trades could be challenged or invalidated may send the market for swaps (over-the-counter derivatives) into “legal limbo,” according to NASDAQ News.

Read more on Dodd-Frank: Regulation Cannot Build Character…

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