Dodd-Franks requires 24 million hours to comply

ORANGE COUNTY REGISTER ^ | 4-19-12 | Jan Norman

[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.

[freedombiz]

Talk about red tape! More than 200 more regulations to come.

[FrankR]

[Tzimisce]

24 hours a day * 365.25 days in a year = 8766 hours per year

[sand88]

I am certain that Mitt would only "reform" Dodd Frank, not do an outright repeal.

This abomination will be with us to the end.

[Liberty Valance]

Christopher Dodd's retirement "cottage" in the luxurious seaside
neighborhood of Roundstone, in County Galway, Ireland.