Regulatory Landscape in the United States After Dodd-FrankFebruary 23, 2012
On February 23, Mr. Cohen discussed the regulatory landscape for banks and financial institutions in the U.S. after Dodd-Frank on Bloomberg TV's Bloomberg Law. Mr. Cohen was asked about the policy of too big to fail in relation to capitalism as well as the probability of experiencing another year like 2008 in the future. The interview further addressed the criticism and uncertainty surrounding the Volcker Rule and its impact on U.S. and non-U.S. financial institutions. When asked about the effects of this regulatory shift on corporate lawyers over the past few years, Mr. Cohen noted that the world moves faster than it ever did before so decisions must be made very quickly, especially in an environment with such an extraordinary outpouring of new regulations.