The financial industry shouldn’t expect “dramatic regulatory or legislative change” under the administration of President Donald Trump and the Republican-controlled Congress, according to White. She and Cutler said they believe that anticipated rollbacks in the regulatory regime will not be as dramatic as expected.
“This isn’t going to be a, ‘Let’s just get rid of the old, here’s the new,'” Cutler said.
And there’s something to be said for that, he added.
via Former SEC Officials Say Don’t Bank on Big Regulatory Disruption | New York Law Journal.
