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Dodd-Franks requires 24 million hours to comply
ORANGE COUNTY REGISTER ^
| Jan Norman
Posted on 04/19/2012 1:24:19 PM PDT by freedombiz
Financial businesses from banks to investment advisers will spend 24 million hours a year to comply with the first 185 regulations to implement the Dodd Frank Act, according to the House of Representatives' Financial Services Committee.
(Excerpt) Read more at ocregister.com ...
KEYWORDS: doddfrank; redtape; regulations
Talk about red tape! More than 200 more regulations to come.
posted on 04/19/2012 1:57:36 PM PDT
24 hours a day * 365.25 days in a year = 8766 hours per year
posted on 04/19/2012 2:00:17 PM PDT
I am certain that Mitt would only "reform" Dodd Frank, not do an outright repeal.
This abomination will be with us to the end.
posted on 04/19/2012 2:07:08 PM PDT
(Nothing on this Earth would get me to vote for Mitt.)
Christopher Dodd's retirement "cottage" in the luxurious seaside
neighborhood of Roundstone, in County Galway, Ireland.
posted on 04/20/2012 7:13:14 AM PDT
by Liberty Valance
(Keep a simple manner for a happy life :o)
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