# "Regulating Wall Street: CHOICE Act vs. Dodd-Frank," by NYU Stern and NYU Law faculty, is spotlighted

1 Faculty News May 4, 2017 ![The Economist logo](/sites/default/files/styles/246w/public/assets/images/uat_025662.jpg?itok=1_MW1PTy)>

Excerpt from [The Economist](http://www.economist.com/news/special-report/21721504-time-loosen-reins-say-americas-banks-not-so-fast-say-regulators-american-banks) -- "A book published in March by academics at the Stern School and NYU’s law school, 'Regulating Wall Street: CHOICE Act vs Dodd-Frank', compares the two acts, section by section. It argues that Dodd-Frank has made the American financial system safer, both since the crisis and relative to those of other large countries; but its many pages and associated rules have not got to the heart of systemic risk, and are more burdensome than necessary."

[Read more](http://www.economist.com/news/special-report/21721504-time-loosen-reins-say-americas-banks-not-so-fast-say-regulators-american-banks)