The Hill’s Congress Blog: “When financial institutions become too big to manage”

“Watching Senators Carl Levin (D-Mich.) and John McCain (R-Ariz.) recently grill the top JP Morgan Chase executives and reading the committee report reminded me again how the complex regulations — those that have existed for years and the new ones emanating from the Dodd Frank legislation — have made it so difficult for effective compliance for financial institutions,” writes John Alan James, a professor at Pace.

“Watching Senators Carl Levin (D-Mich.) and John McCain (R-Ariz.) recently grill the top JP Morgan Chase executives and reading the committee report reminded me again how the complex regulations — those that have existed for years and the new ones emanating from the Dodd Frank legislation — have made it so difficult for effective compliance for financial institutions,” writes John Alan James, executive director of the Center for Global Governance, Reporting and Regulation at Pace.

Read his op-ed on The Hill’s Congress Blog.

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