John Walsh, a Regulator Critical of Over-Regulation

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John Walsh, a Regulator Critical of Over-Regulation

John Walsh, a Regulator Critical of Over-Regulation

New York Times-

There aren’t many regulators saying things that big banks want to hear these days, but they’ll like this: Acting Comptroller of the Currency John Walsh on Tuesday warned international regulators that they may be trying to rein in the financial industry too much.

“We are in danger of trying to squeeze too much risk and complexity out of banking as we institute reforms to addresses problems and abuses stemming from the last crisis,” he said at the Centre for the Study of Financial Innovation in London, according to his prepared remarks.

Continue reading [NEW YORK TIMES]

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