
Editor's letter: April 2011
Editor's letter: April 2011

With less than three months to go before the official deadline set by US Congress for new rules to be completed under the Dodd-Frank financial reform act, there is still much uncertainty about what to expect. In our discussions with leading market participants and regulators we find widespread concern about the new rules' potential impact and possible unintended consequences.
No-one disputes the need for financial market reform to avoid or at least diminish the impact of future crises, but
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