Date: February 12, 2013

Issue: Financial Regulatory Responsibility Act

To: The Honorable Richard C. Shelby

Filing Type: Congressional 

Description:  The Financial Regulatory Responsibility Act of 2013 would require enhanced cost-benefit analysis by all financial regulators. It would also make such analysis a more integral part of rule making, provide more transparency in the process, and create retrospective “look backs” that would allow regulators to evaluate rules after they have been implemented.

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