Political Quotes

Carolyn Maloney: “Dodd-Frank tried to change that. It put rules in place, capital and margin requirements, recording and clearing…”

On the recordDecember 11, 2012
Dodd-Frank tried to change that. It put rules in place, capital and margin requirements, recording and clearing components and other checks on an institution's ability to add risk to the system, to put sunlight so that people could understand what was going on.
Said by
Carolyn Maloney
Democratic · New York

Editor's note · Context

Maloney emphasizes the importance of Dodd-Frank reforms in increasing financial transparency.

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