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> Recklessness was not well defined in respect of certain new financial products in 2008. It is now. I am not too well-versed with laws and legislations (espec
by mcny 9y ago
> Recklessness was not well defined in respect of certain new financial products in 2008. It is now.
I am not too well-versed with laws and legislations (especially because everything sounds partisan) but are you talking about Dodd Frank? https://en.wikipedia.org/wiki/Dodd%E2%80%93Frank_Wall_Street_Reform_and_Consumer_Protection_Act https://en.wikipedia.org/wiki/Dodd%E2%80%93Frank_Wall_Street... The last I read about it, Congress is trying to get rid of it, no? Is there some other regulation that makes what was not against the law in 2008 (actually I don't know much about this either) against the law now?