On the recordOctober 11, 2011
We have heard that some regulations may impose significant costs that aren't being accounted for by the CFTC.
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congress.govWe have heard that some regulations may impose significant costs that aren't being accounted for by the CFTC.
Lucas expresses concerns about the costs of Dodd-Frank regulations.
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This is something that has been in the works really for a decade, and the U.S. prudential regulators have put out a proposal that really gold-plates compared to what the Europeans are doing.
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Some regulations have costs and consequences that outweigh their potential benefits.
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