As implementation of Dodd-Frank continues, some questions remain. Does Dodd-Frank permit our financial regulatory system to effectively handle all types of financial institutions, or did it impose a bank-centric regulatory framework capable of causing major problems for non-banks? Do regulators appreciate the difference between banks and non-banks? Do they have the legal flexibility to make appropriate distinctions?
With the U.S. tight oil boom headlining the dramatic resurgence in North American oil production, expectations about future oil supply have shifted from traditional OPEC oil producers to countries whose oil production had previously been declining. This virtual explosion in the production of unconventional oil has major implications for the development of all oil sources, particularly high-cost, high-risk “frontier oil,” as found in the Arctic or ultra-deepwater.
Check back soon for additional information.