“[…] It is going to take years to address the unprecedented complexity of final rulemaking required in the massive Dodd-Frank bill. The inevitable uncertainty engendered will inhibit financial innovation and intermediation, and render the rules that will govern a future financial marketplace disturbingly conjectural. This is bound to have a significant impact on economic growth. Business planners must now confront a much wider set of scenarios that could affect the profitability of contemplated long-term commitments. This wider set, of necessity, increases risk premiums on illiquid assets. […]”
http://www.ft.com/cms/s/0/4524339a-d17a-11df-96d1-00144feabdc0.html
d.c.k
Daniel Kölsch - Saxophones, Clarinet & Flute 