Dodd - Frank... 1 Year Later

Dodd-Frank celebrated its birthday on Thursday but a number of questions remain, from regulatory uncertainty, to the power of financial regulatory authorities and how to control skyrocketing compliance costs.  After one year Dodd-Frank will:

• Require 2,849 additional federal employees through 2012 (GAO).
• Expend more than $1.2 billion in additional taxpayer funds.
• Impose more than 19.6 million paperwork burden hours, according to official estimates from the Federal Register. 
• Require approximately 2,200 years worth of paperwork burdens.