Banking & Finance  February 16, 2017

Awaiting reform: Bankers seek changes — but not repeal — of Dodd-Frank

By

Boulder banker Patrick O’Brien sees both good and bad in the Dodd-Frank regulations enacted in 2010 to help prevent a repeat of the financial crisis of 2007-2008.

O’Brien, Boulder market president for Denver-based Guaranty Bank and Trust Co., said the law — known officially as the Dodd-Frank Wall Street Reform and Consumer Protection Act — helped rein in excesses in the consumer-lending and derivatives markets.

But it also created a burden on community banks facing heightened regulations, red tape and costs of doing business, and it…

Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
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