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July 2015

Futures and Derivatives Law Report

Five years after enactment of the Dodd-Frank Act, and eight years after the Financial Crisis—after the 2009 Treasury Report on Financial Regulatory Reform, 2010 Squam Lake Report, 2011 Financial Crisis Inquiry Commission Report, Dodd-Frank, memoirs and a blizzard of regulations—we have pretty good ideas, but not definitive knowledge, about what caused the Financial Crisis. Dodd-Frank and its regulatory progeny are thus inherently imperfect efforts to prevent a similar crisis, when the causes of the last one are not completely known.

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