Innovative Alternative to Dodd-Frank
Dodd-Frank is getting in the way of capital reaching small- and medium-sized businesses. A better way would be to do away with Dodd-Frank, and instead make each of the top 500 executives of Wall Street put their personal net worth a risk in their firms. If their firm fails, they too are wiped out. Such a disincentive would be more effective than saddling smaller banks with more regulation. [8/29/17]