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While critics and supporters of the sweeping legislation remain split on its success, the consensus is that the Ops overhauls of Dodd-Fran will remain despite repeal efforts.
The U.S. financial services industry — including its collective back- and middle-offices in particular — has undergone sweeping changes since the Great Recession, the vast majority of which are directly attributable to the 2010 Dodd-Frank Wall Street Reform Act. The law was contentious from the very beginning, so it’s perhaps unsurprising that opinion on its...
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