Houston Partner Don Brodsky was quoted in a July 30, 2010, Houston Business Journal article titled, “Legislative Overhaul Is Aimed at Nation’s Large Banks, but Smaller Institutions Say They’ll Be Affected, Too.”
The article examined how the Dodd-Frank Wall Street Reform and Consumer Protection Act could impact community banks, focusing on the perspective of banking representatives in Texas.
Brodsky was quoted on the implications of regulations originally designed to correct issues that were originally related to what the article calls the “excesses of Wall Street.”
“They start with rules that apply to big players and it bleeds down to smaller ones,” Brodsky noted. “Many [rules] are targeted at $10 billion-plus institutions, but what happens in the marketplace is that it becomes standard practice.”
At Baker Hostetler, Brodsky focuses on corporate and securities law matters.