How a US regulator shake-up would impact financial reform

Author: | Published: 6 Nov 2012

Bankers’ counsel are watching the polls today to see which presidential candidate wins the authority to nominate new financial regulators tasked with finalising remaining Dodd-Frank rulemaking initiatives like the Volcker Rule and regulation of money market mutual funds. They should also keep their eyes on the Massachusetts Senate race.

Elizabeth Warren, a Harvard professor who helped implement Dodd-Frank’s Consumer Financial Protection Bureau, could be appointed to the Senate Banking Committee if democrats are able to win a majority in the Senate. Warren is considered...