First, an introduction to a post at the Mercatus Center — click on the headline to read the report:
Revisiting Dodd-Frank
A Mercatus Policy Primer
Dodd-Frank’s drafters hoped the law would repair the flaws in the financial system that they had so painfully manifested themselves during the financial crisis. But rather than averting crises, Dodd-Frank’s rejiggering of the financial system has created the preconditions for a future crisis, while inhibiting economic growth and dynamism. A new policy primer draws on existing research to show that financial regulation needs a perspective shift—a shift away from the current regulator-centric approach to a regulatory system that is grounded in the superior ability and incentives of market participants to collect, process, and act on information.
And here are more links provided by the Mercatus Center:
Dodd-Frank: What It Does and Why It’s Flawed
Failure to Repeal Dodd-Frank Is What Should Have Us Scared
Let’s Think Again about Dodd-Frank
