Financial Regulators Fail to Evaluate Combined Impact of Rules: GAO

"Regulators do not assess the cumulative burden of the regulations they administer," the GAO said.

By David Baumann | February 27, 2018 at 02:45 PM

Financial regulators often fail to assess the cumulative weight of all rules imposed on community banks and credit unions—an omission that contributes to the regulatory burden the institutions face, the Government Accountability Office said, in a report released Tuesday.

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Financial Regulators Fail to Evaluate Combined Impact of Rules: GAO

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