FIA calls on Trump for financial regulation review

Lukken says it's time to know whether the rules implemented after Dodd-Frank are fulfilling their intended purpose

Red tape: FIA wonders if the many regulations that have sprung up actually work

The president of the Futures Industry Association (FIA), a trade group for the futures, options and centrally cleared derivatives markets, is calling on the Trump administration to begin a comprehensive review of all financial reform regulations to see if they are meeting their objectives.

In an open letter to US President Donald Trump, dated January 24, Walt Lukken took specific aim at the 2010 Dodd-Frank Act enacted after the 2008 financial crisis, arguing the document has generated more than

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