Much of the regulation's implementation has been left to regulators, which limits the ability to quantify its overall effects. While there isn't full clarity at this point, it is important to recognize that this is one of the largest pieces of financial legislation in the last 100 years, and the most significant since the 1930s. While politics are inherently messy, we think this reform is a step in the right direction for the health of the U.S. banking system's long-term profitability, as well as for the overall economic growth of America.
