SEC Faces Obstacles to Rolling Back Dodd-Frank Rules

The Wall Street Journal: Litigation could stymie efforts by the Securities and Exchange Commission to comply with sweeping executive orders intended to roll back financial regulations.

President Donald Trump on Friday took the first step in expunging the 2010 Dodd-Frank financial overhaul act, which he said hinders business and economic growth.

Mr. Trump signed an executive action requiring the U.S. Treasury Department to develop an outline for scaling back financial regulations.

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