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Small institutions discuss compliance costs in GAO report
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Dodd-Frank Basics
Thursday, December 31, 2015
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The Government Accountability Office (GAO) issued a report titled “Dodd-Frank Regulations: Impacts on community banks, credit unions and systemically important institutions.” Not surprisingly, with regard to select Dodd-Frank Act rules, the community banks, credit unions and industry associations the GAO interviewed cited an increase in compliance costs and burdens. Read on to learn more.
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