The Struggle to Implement Dodd-Frank Act Changes

The financial services industry is finding a new regulatory elephant in its room, in the form of multi-billion-dollar costs for compliance with the Dodd-Frank Wall Street Reform and Consumer Protection Act signed into law by President Obama on July 21.

And like that elephant that no one wants to acknowledge, investment firm operations executives are struggling to raise awareness of the effort needed to achieve compliance with the new regulation, according to surveys of these executives and